Peru Industries began operations on January $1,2023.$ During the next two years, the company completed a number of transactions

involving credit sales, accounts receivable collections, and bad debts $($assume a perpetual inventory system$).$ These transactions are

summarized as follows:

$2023$

a$.$ Sold merchandise on credit for $$2,210,000,$ terms $\frac{n}{30}($COGS $=$$$1,221,000).$

b$.$ Wrote off uncollectible accounts receivable in the amount of $$33,700.$

c$.$ Received cash of $$1,319,000$ in payment of outstanding accounts receivable.

d$.$ In adjusting the accounts on December $31,$ concluded that $1\mathrm{.}5\%$ of the outstanding accounts receivable would become uncollectible.

$2024$

e$.$ Sold merchandise on credit for $$2,893,000,$ terms $\frac{n}{30}($COGS $=$$$1,576,000).$

f$.$ Wrote off uncollectible accounts receivable in the amount of $$52,400.$

g$.$ Received cash of $$2,185,000$ in payment of outstanding accounts receivable.

h$.$ In adjusting the accounts on December $31,$ concluded that $1\mathrm{.}5\%$ of the outstanding accounts receivable would become uncollectible.

Company uses the allowance method to account for uncollectible.

Required:

Prepare journal entries to record Peru's $2023$ and $2024$ summarized transactions and the adjusting entries to record bad debt

expense at the end of each year. $($Round your intermediate calculations and final answers to nearest whole dollar.$)$