Miller, 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 due $180,000 196 31-60 days past due 40,000 496 61-120 days past due 22,000 596 121-180 days past due 14,000 129 Over 180 days past due 8,000 2596 $264,000 The company handles credit losses using the allowance method. The credit balance of the Allowance for Doubtful Accounts is $1,150 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 Lyons Company's account on April 10 of the following year in the amount of $575. a. Debit Credit General Journal Date Description Dec.31 Bad Debts Expense Allowance for Doubtful Acc To record allowance for credit losses. OX Debit Credit General Journal Date Description April 10 Allowance for Doubtful Accou Accounts Receivable - Lyon To write off Lyons Company's account. OX