At year-end (December 31), Chan Company estimates its bad debts as 0 90% of its annual credit sales of S917,000. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $459 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 of Chan to record these transactions and events of December 31, February1 and June 5 Journal Entry Worksheet Record the estimated bad debts e Date General Journal Debit Cr Dec 31 Enter debits before credits