please help fill in blank. i do not own copyrights. 10 ts 00:56:26 Required information Use the

please help fill in blank. i do not own copyrights.

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10 ts 00:56:26 Required information Use the following information for the Exercises 10-11 below. (Algo) [The following information applies to the questions displayed below.] At year-end December 31, Chan Company estimates its bad debts as 0.60% of its annual credit sales of $601,000. Chan records its bad debts expense for that estimate. On the following February 1, Chan decides that the $301 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. Skipped Exercise 9-10 (Algo) Percent of sales method; write-off LO P3 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 Date December 31 General Journal Debit Credit 10 ts 00:56:26 Required information Use the following information for the Exercises 10-11 below. (Algo) [The following information applies to the questions displayed below.] At year-end December 31, Chan Company estimates its bad debts as 0.60% of its annual credit sales of $601,000. Chan records its bad debts expense for that estimate. On the following February 1, Chan decides that the $301 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. Skipped Exercise 9-10 (Algo) Percent of sales method; write-off LO P3 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 Date December 31 General Journal Debit Credit