ASAP HELP

At year-end (December 31). Chan Company estimates its bad debts as 90% of its annual credit sales of $966,000. Chan records its Bad Debts Expense for that estimate on the following February 1, Chan decides that the $483 account of P Park is uncollectible and writes it off as a bad debt On June 5, Park unexpectedly pays the amount previously written off: Prepare the journal entries for these transactions View transaction list Journal entry worksheet