ased on Accounts Receivable Hunter, Inc., analyzed its accounts receivable bal. 2 E8-2A. Credit Losses B ances at December 31, and arrived at the aged balances listed below, along with the percentage thatis estimated to be uncollectible: Probability of Noncollection Balance Age Group 0-30 days past due . ...11,000 6,000 5,000 $132,000 10 25 121-180 days past due The company handles credit losses using the allowance method. The credit balance of the Allowance 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 journal entry to write off the Rose Company's account on April 10 of the year in the amount of $625