Date	General Journal	Debit	Credit
Dec 31
Feb 01
Jun 05
Jun 05

3. 500 points At year-end (December 31, Chan Company estimates its bad debts as 0.20% of its annual credit sales of S880,000. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the S445 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 list journal entry worksheet General Journal Dec 31 No Transaction Recorded Feb 01 No Transaction Recorded Jun 05 No Transaction Recorded Jun 05 No Transaction Recorded