please answer the following questions with thr correct answers and explanation

Journal entry worksheet 4 Note: Enter debits before credits. 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.) 2023 Journal entry worksheet Problem 8-6A Recording accounts receivable transactions and bad debt adjustments LO1, 2, 3 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 $2,230,000, terms n/30(COGS=$1,233,000). b. Wrote off uncollectible accounts receivable in the amount of $34,100. c. Received cash of $1,335,000 in payment of outstanding accounts receivable. d. In adjusting the accounts on December 31 , concluded that 1.5% of the outstanding accounts receivable would become uncollectible. 2024 e. Sold merchandise on credit for $2,921,000, terms n/30 (COGS =$1,594,000 ). f. Wrote off uncollectible accounts receivable in the amount of $53,000. g. Received cash of $2,209,000 in payment of outstanding accounts receivable. h. In adjusting the accounts on December 31 , concluded that 1.5% 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 summarikd 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.) 2023 Journal entry worksheet 4 Note: Enter debits before credits: Journal entry worksheet 5 Record written off uncollectible accounts. Note: Enter debits before credits: Journal entry worksheet Record collections from credit customers. Note: Enter debits before credits. Journal entry worksheet 1234 Record the estimate for uncollectible accounts. Note: Enter debits before credits. Journal entry worksheet 4 Journal entry worksheet 5 Note: Enter debits before credits. Journal entry worksheet Record collections from credit customers. Notet Enter debits before credits. Journal entry worksheet Record the estimate for uncollectible accounts. Note: Enter debits before credits