Please write correct answer in journal entry for JE year 1 & 2. Make sure it is in same format for easy read

Llang Company began operations In Year 1. During its first two years, the company completed a number of transactions Involving sales on credit, accounts recelvable collections, and bad debts. These transactions are summarized as follows. Year 1 a. Sold $1,348,700 of merchandise on credlt (that had cost $976,100 ), terms n/30. b. Wrote off $21,100 of uncollectlble accounts recelvable. c. Recelved $672,000 cash in payment of accounts recelvable. d. In adjusting the accounts on December 31 , the company estimated that 1.60% of accounts recelvable would be uncollectlble. Year 2 e. Sold $1,595,300 of merchandise (that had cost $1,294,400 ) on credit, terms n/30. f. Wrote off $30,900 of uncollectible accounts recelvable. g. Recelved $1,180,700 cash in payment of accounts recelvable. h. In adjusting the accounts on December 31 , the company estimated that 1.60% of accounts recelvable would be uncollectlble. Required: Prepare journal entrles to record Llang's Year 1 and Year 2 summarized transactions and its year-end adjustments to record bad debts expense. (The company uses the perpetual Inventory system, and it applies the allowance method for its accounts recelvable.) (Round your Intermedlate calculations to the nearest dollar.) irepare journal entries to record Liang's Year 1 summarized transactions and its year-end adjustments to record bad debts expense. The company uses the perpetual inventory system, and it applies the allowance method for its accounts receivable.) Journal entry worksheet 2345 Sold $1,348,700 of merchandise on credit, terms n/30. Note: Enter debits before credits. repare journal entries to record Liang's Year 2 summarized transactions and its year-end adjustments to record bad debts expense. The company uses the perpetual inventory system, and it applies the allowance method for its accounts receivable.) Journal entry worksheet 2345 Sold $1,595,300 of merchandise on credit, terms n/30. Note: Enter debits before credits