Credit Losses Based on Accounts Receivable Hunter, Inc., analyzed its accounts receivable balances at December 31, and arrived at the aged balances listed below, along with the percentage that is estimated to be uncollectible: Probability of Age Group Balance Noncollection 0-30 days past de 591.000 1 31-60 days pas de 21.000 61.110 days past due 12.000 SM 121-180 days paste 7,000 104 Over 10 days past de 5.000 $126.000 The company handles credit losses using the allowance method. The credit balance of the Allowance for Doubtful Accounts is 5620 on December 31, before any adjustments 2. 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 5525 General Journal Date Description Dec 31 Bad Deus pense Allowance for Dout Accounts To record lowance for creations Credit O General Date Description April 10 Allowance for Dout Accounts Accounts Receivable Rose Company Crede