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Problem 7-3A (Algo) Aging accounts receivable and accounting for bad debts LO P2, P3
[The following information applies to the questions displayed below.]
On December 31, Jarden Company's Allowance for Doubtful Accounts has an unadjusted credit balance of $14,500. Jarden prepares a schedule of its December 31 accounts receivable by age.
\table[[Accounts,,Expected Percent],[Receivable,Age of Accounts Receivable,Uncollectible],[$840,000,Not yet due,1.30%
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