At year-end (December 31). Chan Company estimates its bad debts as 0.50% of its annual credit sales of $927,000. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $464 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 1 2 3 4 Record the estimated bad debts expense. Note: Enter debits before credits Dote General Journal Debit Credit Dec 31 Journal entry worksheet 1 N 3 4 Wrote off P. Park's account as uncollectible. Note: Enter debits before credits. Date General Journal Debit Credit Feb 01 Journal entry worksheet 2 3 Reinstated Park's previously written off account. Note: Enter debits before credits Date General Journal Debit Credit Jun 05 Journal entry worksheet 1 2 3 Record the cash received on account. Note: Enter debits before credits. Date Jun 05 General Journal Debit Credit