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I'm having problems with part h. If someone could walk through the solution I would appreciate it.

2017 e. Sold $1,520,800 of merchandise (that had cost $1,291,300) on credit, terms n/30. f. Wrote off $33,200 of uncollectible accounts receivable g. Received $1,178,800 cash in payment of accounts receivable h. In adjusting the accounts on December 31, the company estimated that 2.90% of accounts receivable will be uncollectible. Required: Prepare journal entries to recod Liang's 2016 and 2017 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.) (Round your intermediate calculations to the nearest dollar amount.) Complete this question by entering your an swers in the tabs below. E 2016 JE 2017 Prepare journal entries to record Liang's 2017 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.) View transaction list Journal entry worksheet In adjusting the accounts on December 31, the company estimated that 2.90% of accounts receivable will be uncollectible. Note: Enter debits before credits. Transaction General Journal Debit Credit h. d debts expense for doubtful accounts Record entry Clear entry View general journal 2017 e. Sold $1,520,800 of merchandise (that had cost $1,291,300) on credit, terms n/30. f. Wrote off $33,200 of uncollectible accounts receivable g. Received $1,178,800 cash in payment of accounts receivable h. In adjusting the accounts on December 31, the company estimated that 2.90% of accounts receivable will be uncollectible. Required: Prepare journal entries to recod Liang's 2016 and 2017 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.) (Round your intermediate calculations to the nearest dollar amount.) Complete this question by entering your an swers in the tabs below. E 2016 JE 2017 Prepare journal entries to record Liang's 2017 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.) View transaction list Journal entry worksheet In adjusting the accounts on December 31, the company estimated that 2.90% of accounts receivable will be uncollectible. Note: Enter debits before credits. Transaction General Journal Debit Credit h. d debts expense for doubtful accounts Record entry Clear entry View general journal

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