E Menu Assignm QUESTION 33 Not yet Credit Losses Based on Accounts Recelvable 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: Marked out of 12.00 P Flag 1 2 6 7 11 12 16 17 21 22 Age Group 0-30 days past due $99,000 31-60 days past due 29,000 61-120 days past due20,000 121-180 days past due 15,000 Over 180 days past due 13,000 176,000 1% 5% 26 27 31 32 Finish att Time left The company handles credit losses using the allowance method. The credit balance of the Allowance for Doubtful Accounts is $1,420 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 following year in the amount of $1,325 a. General Journal Debit Credit Date Description