2010 Credit Losses Based on Accounts Receivable unter and accounts receivable balance December and the balance i hotel with that it med to be collectie Prabay Are Group Balance Nicole 10,000 11-60 yout 3 120 1 days Orda 1111000 10 The company hand creditoring the allowance method. The edit balance of the Allowance for Dout Account 20 on December before any auments Prepare the adjusting entry for estimated credit losses on December Prepare the outlet to write offrente Company's account on Aril 10 of the following year in the amount of 565 The company handles credit losses using the allowance method. The credit balance of the Allowance for Doubtful Accounts is $820 on Decer a. Prepare the adjusting entry for estimated credit losses on December 31 b. Prepare the journal entry to write off the Rose Company's account on April 10 of the following year in the amount of $650. a General Journal Date Description Dec 31 Bad Debts Expense Debit Credit - 680 X 0 Allowance for Doubtful Accounts 0 680 * To record allowance for credit losses. b. Date Debit Credit 1,225 X 0 General Journal Description April 10 Allowance for Doubtful Accounts Accounts Receivable-Rose Company To write off Rose Company's account 0 680 X Check You have correctly selected 8. Partially correct Marks for this submission: 8.00/12.00 E8-2A Stat Book Print 12.00 2021 Credit Losses Based on Accounts Receivable urtet, Inc., analyzed its accounts receivable bances December 31, and arred ac ille aged balances listed below along with the percentage that is estimated to be uncollectible Probability of Age Group 0.10 Balance Noncollection 50.000 20.000 11.00 6000 6.000 . Ortoday 1132000 The company handles doses on the lowance method. The credit balance of the Allowance for Account 5820 on December 11, before any adjustments Prepare the adjusting entry formated credit houses on December are the journal entry to wite of the Rose Company count on April 10 of the followinter in the amount of 650 Da Credit General Journal Date Description Beste Alana Dowance for de 119 CV TI OTO due 6.000 5131000 10 25 The company handles credit losses in the allowance method. The credit balance of the lowance for Doubtful Accounts is $820 on December 31, before any adjustments a. Prepare the adjusting entry for estimated credit losses on December 31 b. Prepare the joumal entry to write off the Hote Company's account on April 10 of the following year in the amount of 3050 Credit General Journal Date Description Declad Debit per Allowance for Doubtful Accounts To record allowance for credit fosse Delt 0 60 Date Debit Credit General Journal Description APIE 10 Alioware for Doutit Accounts Accounts Receivate-Hose Company To Wolf Rose Company account 1225 X O 680 x Check You have correctly selected 19