Question: please answer both questions #8 and #10 Journal entry worksheet 4 Record the estimated bad debts expense. Note: Enter debits before credits Use the calculated




![the questions displayed below] Following are transactions of Danica Company. socount receivable.](https://dsd5zvtm8ll6.cloudfront.net/si.experts.images/questions/2024/09/66e304041f272_73166e30403bfdc3.jpg)



Journal entry worksheet 4 Record the estimated bad debts expense. Note: Enter debits before credits Use the calculated value to prepare your journal entries. Journal entry worksheet Prepare an adjusting Intry to record the accrued interest on the Lee note. Note: Enter debits before credits Required information [The following information applies to the questions displayed below] Following are transactions of Danica Company. socount receivable. Complete the table to calculate the interest amounts at December 31st and use the calculated volue to prepare your joumal entries. Note: Do not round your intermediate calculations. Use 360 days a year. Journal entry worksheet 4 Wrote off P. Park's account as uncollectible. Notet Enter debits before oredits. Journal entry worksheet fecord the casth recelved on account. Note: Enter debats belore credes. Use the calculated value to prepare your journal entries. Journal entry worksheet Record acceptance of a $16,000,45-day, 8% note in granting Miranda Lee a time extension on her past-due account receivable. Note: Enter debits before credits. Required information [The following information applies to the questions displayed below] At year-end December 31, Chan Company estimates its bad debts as 0.30% of its annual credit sales of $914,000. Chan records its bad debts expense for thot estimate. On the following February 1 , Chan decides that the $457 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. Prepare Chan's journal entries to fecord the transactions of December 31 , February 1, and June 5 . Journal entry worksheet 4 Reinstated Park's previously written off account. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Complete the table to General Journal terest amounts at December 31st
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