Prepare Chan's journal entries to record the transactions of December 31 , February 1, and June 5 . Journal entry worksheet Note: Enter debits before credits. Prepare Chan's journal entries to record the transactions of December 31 , February 1, and June 5. Journal entry worksheet Reinstated Park's previously written off account. Note: Enter debits before credits. Journal entry worksheet 1 Journal entry worksheet. C. 1 2 74 hini. Ins death telos une. Required information [The following information applies to the questions displayed below] At year-end December 31, Chan Company estimates its bad debts as 0.80% of its annual credit sales of $673,000. Chan records its bad debts expense for that estimate. On the following February 1, Chan decides that the $337 account of P. Park is uncollectible and writes it off as a bad debt. On June 5, Park unexpectedly pays the amount previously written off