At year-end (December 31). Chan Company estimates its bad debts as 0.40% of its annual credit sales of $865,000. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $433 account of P Park is uncollectible and wrtes 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 T 1 4 Record the estimated bad debts expense Note Enter debts before credits Date Dec 31 General Joumal Bad debts axpense Doble Crudle 365.000 Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $433 account 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 Wrote off P. Park's account as uncollectible, cet Note: Enter debits before credits Date Feb 01 General Journal Accounts receivable-P.Park Debit Credit 433