General Journal Debit Credit Date Jun 05 At year-end (December 31), Chan Company estimates its bad debts as 0.20% of its annual credit sales of $664,000. 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. Date General Journal Debit Credit Dec 31 General Journal Debit Credit Date Feb 01 Date General Journal Debit Credit Jun 05