Presented below is information related to Pronghorn Corp. August.1 Pronghom Corp. sold to Stellar Co. merchandise having a sales price of $22,300 with terms 1/10, net/60. Pronghorn records its sales and receivables net. 5 Accounts receivable of $59,600 (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 $27,100 (gross) are pledged to Second Credit Corp. as security for a loan of $19.500 at a finance charge of 6% of the amount of the loan. The finance company will make the collections. (All the accounts receivable are past the discount period.) Sep. 29 Stellar Co. notifies Pronghorn that it is bankrupt and will pay only 19% 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 Pronghorn Corp. (Credit account titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.) (To record discount forfeited) (To record notes payable) (To record discount forfeited) (To record allowance)