At year-end (December 31). Chan Company estimates its bad debts as 0.20% of its annual credit sales of $830,000. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $415 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 Chan's journal entries for the transactions. View transaction list Journal entry worksheet 10167 a At year-end (December 31), Lhan company esumates its Dag uents as v.20%. Or its annual creant Sales OT POSUUUU. cnan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $415 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 Chan's Journal entries for the transactions. View transaction list Journal entry worksheet