Check my won At year-end (December 31). Chan Company estimates its bad debts as 0.30% of its annual credit sales of $856,000 Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $428 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 0 C N freno Hote: tore credits Date Feb 01 General Journal Debit Credit Graw Hull Type here to search 010 Journal entry worksheet 2 13 > Related Park's previos written off account Date General Journal Delia Cr ME Grow HR 3 Type here to search 2:26 1/20 cise Questions Record the cash received on account. Note: Enter debits before credits Date General Journal Jun 05 Debit Credit Record entry Clear entry View general Journ Prev 2 of 8 HE Next O CD $ 4 % 5 6 & 7 E R T Y