Liang Company began operations on January 1, 2012. During its first two years, the company completed a number of transactions involving sales on credit, accounts receivable collections, and bad debts. These transactions are summarized as follows.

2012
a.	Sold $1,347,300 of merchandise (that had cost $978,500) on credit, terms n/30.
b.	Wrote off $18,500 of uncollectible accounts receivable.
c.	Received $672,500 cash in payment of accounts receivable.
d.	In adjusting the accounts on December 31, the company estimated that 2.80% of accounts receivable will be uncollectible.

2013
e.	Sold $1,533,000 of merchandise (that had cost $1,332,700) on credit, terms n/30.
f.	Wrote off $26,300 of uncollectible accounts receivable.
g.	Received $1,378,100 cash in payment of accounts receivable.
h.	In adjusting the accounts on December 31, the company estimated that 2.80% of accounts receivable will be uncollectible.

Required:

Prepare journal entries to record Liangs 2012 summarized transactions and its year-end adjustments to record bad debts expense. (The company uses the perpetual inventory system and it applies the allowance method for its accounts receivable.) (Round your intermediate calculations to the nearest dollar amount.)

Prepare journal entries to record Liangs 2013 summarized transactions and its year-end adjustments to record bad debts expense. (The company uses the perpetual inventory system and it applies the allowance method for its accounts receivable.) (Round your intermediate calculations to the nearest dollar amount.)