Presented below is information related to Pina Corp.

August $1$ Pina Corp. sold to Grouper Co$.$ merchandise having a sales price of $$21,100$ with terms $\frac{1}{10},$ net$/60.$ Pina records its sales and receivables net.

$5$ Accounts receivable of $$54,200($gross$)$ are factored with Easy Credit Corp. with recourse at a financing charge of $5\%.$ Cash is received for the proceeds; collections are handled by the finance company. $($These accounts were all past the discount period.$)$

$9$ Specific accounts receivable of $$30,300($gross$)$ are pledged to Second Credit Corp. as security for a loan of $$18,500$ at a finance charge of $7\%$ of the amount of the loan. The finance company will make the collections. $($All the accounts receivable are past the discount period.$)$

Sep. $29$ Grouper Co$.$ notifies Pina that it is bankrupt and will pay only $18\%$ of its account. Give the entry to write off the uncollectible balance using the allowance method. $($Note: First record the increase in the receivable when the discount period passed.$)$

Prepare all necessary entries in general journal form for Pina Corp. $($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $Q$ amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.$)$