1. Journalize the following transactions in the accounts of Simmons Company: Mar. I Rccc ived a S60,000, 60-day, 6% note dated March 1 from Bynum Co. on account. 18 Received a $25,000, 60-day, 9% note dated March 18 from Solo Co. on account. Apr. 30 The note dated March 1 from Bynum Co. is dishonored, and the customer's account is charged for the note, including interest. May 17 The note dated March 18 from Solo Co. is dishonored, and the customer's account is charged for the note, including interest. July 29 Cash is r cci ved fr thc amount duc on thc dishonor d nolc datcd March 1 plus intcres1 for 90 days at 8 % on tlhe total amount debited to Bynum Co. on April 30. Aug. 23 Wrote off against the allowance account the amount charged to Solo Co. on May 17 for the dishonored note dated March 18