journal entries needed for 1-4

Required information [The following information applies to the questions displayed below] At year-end December 31, Chan Company estimates its bad debts as 0.90% of its annual credit sales of $717,000. Chan records its bad debts expense for that estimate. On the following February 1, Chan decides that the $359 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 to record the transactions of December 31, February 1 , and June 5. Journal entry worksheet Record the estimated bad debts expense. Note: Enter debits before credits. [The following information applies to the questions displayed below.] At year-end December 31 , Chan Company estimates its bad debts as 0.90% of its annual credit records its bad debts expense for that estimate. On the following February 1, Chan decides that th Park is uncollectible and writes it off as a bad debt. On June 5, Park unexpectedly pays the amou Prepare Chan's journal entries to record the transactions of December 31, February 1, and June 5. Journal entry worksheet Wrote off P. Park's account as uncollectible. Note: Enter debits before credits. Park is uncollectible and writes it off as a bad debt. On June 5 . Park unexpectedly pays the amount previously wr repare Chan's journal entries to record the transactions of December 31 , February 1, and June 5. Journal entry worksheet Reinstated Park's previously written off account. Note: Enter debits before credits. records its bad debts expense is uncollectible and writes it off as a bad debt. On June 5, Park unexpectedly pays the amount previc repare Chan's journal entries to record the transactions of December 31, February 1, and June 5. Journal entry worksheet