PLEASE HELP!!

Liang Company began operations in Year 1. 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. Year 1 a. Sold $1,350,000 of merchandise on credit (that had cost $980,200 ), terms n/30 b. Wrote off $20,100 of uncollectible accounts receivable. c. Recelved $667,600 cash in payment of accounts receivable. d. In adjusting the accounts on December 31 , the company estimated that 2.90% of accounts recelvable would be uncollectible. Year 2 e. Sold $1,541,900 of merchandise (that had cost $1,289,400 ) on credit, terms n/30. f. Wrote off $30,600 of uncollectible accounts recelvable. 9. Recelved $1,310,600 cash in payment of accounts recelvable. h. in adjusting the accounts on December 31 , the company estimated that 2.90% of accounts recelvable 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 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.) Prepare journal entries to record Liang's Year 1 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.) Journal entry worksheet 5 Sold $1,350,000 of merchandise on credit, terms n/30. Note; Enter debits before credits. Journal entry worksheet 5 Wrote off $20,100 of uncollectible accounts receivable. Note: Enter debits before credits. Journal entry worksheet Received $667,600 cash in payment of accounts receivable. Note: Enter debits before credits. Journal entry worksheet In adjusting the accounts on December 31 , the company estimated that 2.90% of accounts receivable would be uncollectible. Note: Enter debits before credits. Journal entry worksheet 45 Sold $1,541,900 of merchandise on credit, terms n/30. Note: Enter debits before credits. Journal entry worksheet 5 Note: Enter debits before credits. Journal entry worksheet