Credit Losses Based on Accovints Recelwable Hurter, Inc, analyeed its accounts recemable baltnces as December 31, and arwed at the aged balances listed below alorig with the percentage that is estimaned to be uneollerible 2. Prepare the adcusurg enty for eumated ued fosise on Decenter al b. Prepare the journal ertry to weat ofl the Rove Comparyss accourt on Agrit 10 of itw followingyear in the amound of 3650 The compary handes creda losses using the alowance method, The credit bunnce of the Nlowance for Doubthl Accounts is 1820 on 0ecember 31, before ary adputmerts. a. Prepare the adjusting enty lor esimated credi basies on December 31. b. Prepare the journul emiry to wite off the Aore Conpanys accouns on Apel 10 of the following wear in the ancurt of $620