Lang Company began operations in Year. 1. During ins first two years, the comparry completed a number of transactions involving iales on credit, accounts recenabie collections, and bad debts. These transactions are summatized as follows Whar 1 a. Sold 51,351,800 of merchandise on credit (that had cost $982,200 ), terms n/30 b. Wrote oft $20,300 of uncollectible accounts recelvable c. Recelved 5667000 cash in piyment of accounts receivable d. In adjunting the accounts on December 31 , the company estinated that 1.80% of accounts recelvable would be uncollectible. Year 2 e. Sold $1,576,000 of merchandise (that had cost $1,298,800 ) on credit, terms n/30. f. Wrote off 528100 of uncollectible accounts receivable. 9. Recerved 51,267900 cash in payment of accounts receivable h. In adjusting the accounts on December 31 , the company estimated that 180% of accounts receivable would be uncollectible. Required: Prepare journal entries to record Liang's Year 1 and Year 2 summarized transactions and its year-end adjustments to record bad debts experse, (The company uses the perpetual inventory system, and it applies the allowance method for its accounts receivable) (Round your intermediste calculations to the nesrest dollar.)