At year-end (December 31). Chan Company estimates its bad debts as 0.30% of its annual credit sales of $947000. Chan records its Bad Debts Expense for that estimate On the following February 1, Chan decides that the $474 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