Saved 0 Required information [The following information applies to the questions displayed below) At year-end December 31, Chan Company estimates its bad debts as 070% of its annual credit sales of $915,000. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $458 account of Park is uncollectible and writes it off as a bad debt. On June 5, Park unexpectedly pays the amount previously written off Prepare Chan's journal entries to record the transactions of December 31, February 1, and June 5 View transaction list Journal entry worksheet 1 2 3 4 Record the estimated bad debts expense. Note: Enter debits before credits Debit General Journal Date Credit