At year-end (December 37), Chan Company estimates its bad debts as 0.40% of its annual credit sales of $673,000. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $337 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. > NoteEnter debits before credits Data Dec 31 General Journal Debit Credit Recorder Clear entry View general jurnal