Required information (The following information applies to the questions displayed below) At year-end December 31, Chan Company estimates its bad debts as 100% of its annual credit sales of $642,000 Chan records its bad debts expense for that estimate. On the following February 1, Chan decides that the $321 account of Park is uncollectible and writes it off as a bed debt On June 5, Pork unexpectedly pays the amount previously written oft pod bok Prepare Chan's journal entries to record the transactions of December 31, February 1, and June 5. onces View transaction list Journal entry worksheet