A Week 4 - Learning Activity 2 X M Question 7 - Week 4 - Learnir X *Course Hero C 2% ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmi... Finish update : Week 4 - Learning Activity 2 i Saved Help Save & Exit Submit Check my work 7 At year-end December 31, Chan Company estimates its bad debts as 0.90% of its annual credit sales of $789,000. Chan records its bad debts expense for that estimate. On the following February 1, Chan decides that the $395 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. 0.8 points Prepare Chan's journal entries to record the transactions of December 31, February 1, and June 5. View transaction list eBook Journal entry worksheet Hint 2 3 4 Print Record the estimated bad debts expense. References Note: Enter debits before credits. Date General Journal Debit Credit December 31 Record entry Clear entry View general journal Mc Graw Hill