At year-end (December 31), Chan Company estimates its bad debts as 0.60% of its annual credit sales of $663,000. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $332 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 for these transactions View transaction ist 1108 Journal entry worksheet LULUUY I, CIO uelices ulat the $332 account of P. Pa writes it off as a bad debt. On June 5, Park unexpectedly pays the amount previously written off. Prepare the journal entries for these transactions. View transaction list 0:47 Journal entry worksheet 2 3 4 Reinstated Park's previously written off account. Note: Enter debits before credits. Date General Journal Debit Credit Jun 05 Record entry Clear entry View general journal writes it off as a bad debt. On June 5, Park unexpectedly pays the amount previously written off. Prepare the journal entries for these transactions. View transaction list Journal entry worksheet