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Information on Flint Corporation, which reports under ASPE, follows: July 1 3 5 Flint Corporation sold to Carla Vista Co.merchandise having a sales price of 59600, terms 2/10, 1/60. Ignore cost of goods sold entry Carta Vista Co returned defective merchandise having a sales price of 5700. The merchandise was not saleable and was scrapped Accounts receivable of $18,900 are factored with Bramble Corp.without recourse at a financing charge of 9% Cash is received for the proceeds and collections are handled by the finance company Specific accounts receivable of 519,100 (gross) are pledged to Landon Credit Corp. as security for a loan of $11.100 at a finance charge of 3% of the loan amount plus 9% interest on the outstanding balance Flint will continue to make the collections. All the accounts receivable pledged are past the discount period and were originally subject to a 2% discount Carla Vista Co notifes Flint that it is bankrupt and will be able to pay only 10% of its account Give the entry to write off the uncollectible balance using the allowance method. 9 Dec 29 (a) Prepare all necessary journal entries on Flint Corporation's books. (Credle account titles are automatically indented when amount is entered. Do not Indent manually. If no entry is required, select "No Entry for the account eitles and enter for the amounts. Record journal entries in the order presented in the problem) Date Account Titles and Explanation Debit Credit Prepare all necessary journal entries on Flint Corporation's books (Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts Record journal entries in the order presented in the problem) Debit Credit Date Account Titles and Explanation List of Accounts Attempts of 1 used Submit Antwer