We S mnet.com - Vir usinessCourse Return to course My Subscriptions LIWEI ZHANG (Atom) unter, 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 ncollectible: Probability of Age Group Balance Noncollection 0-30 days past due 590,000 31-60 days past due 20.000 61-120 days post de 11.11.000 121-180 day past due 6.000 Over 180 days past due 5.000 5132.000 The company handles credit losses using the allowance method. The credit balance of the Allowance for Doubtful Accounts is 5820 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 5625. General journal Date Description Det 31 Allowance for Doubtful ACCOX Accounts Receivable - Rost To record allowance for credt losses Debit 3.810 X Credit 2.990 Debit Credit General Journal Description Apr 10 Alowance for Doubtful Acco Accounts Recevable. Rose To write off Rose Company account Check You have correctly selected 5