Llang Company began operations in Year 1. During its first two years, the company completed a number of transactions involving sales on credit, accounts recelvable collections, and bad debts. These transactions are summarized as follows. Year 1 a. Sold $1,350,900 of merchandise on credit (that had cost $977,400 ), terms n/30. b. Wrote off $20,100 of uncollectible accounts recelvable. c. Recelved $668,800 cash in payment of accounts recelvable. d. In adjusting the accounts on December 31 , the company estimated that 2.60% of accounts recelvable would be uncollectlble. Year 2 e. Sold $1,574,100 of merchandise (that had cost $1,255,200 ) on credit, terms n/30. f. Wrote off $25,800 of uncollectible accounts recelvable. g. Recelved $1,341,700 cash in payment of accounts recelvable. h. In adjusting the accounts on December 31 , the company estimated that 2.60% of accounts recelvable would be uncollectible. Required: Prepare journal entrles to record Llang's Year 1 and Year 2 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 recelvable.) (Round your Intermedlate calculations to the nearest dollar.) Prepare journal entries to record Liang's Year 1 summarized transactions and its year-end adjustments to record bad debt expense. (The company uses the perpetual inventory system, and it applies the allowance method for its accounts receiva Complete this question by entering your answers in the tabs below. Prepare journal entries to record Liang's Year 2 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 receival