Question 1: Followings are selected transactions of Brave Company for 2018, 2019 and 2020. The company's fiscal year ends at December 31. 2018 Dec. 1 Accepted a $16,000, 60-day, 10% note dated December 1 from Donna Noble as a settlement of an account receivable. 2019 Jan. 31 Received Noble's payment for principal and interest on the note dated December 1. Sept. 15 Accepted an $8,000, 30-day, 8% note dated September 15 from A. Pond as a settlement of an account receivable. Nov. 15 A. Pond dishonored (not paid) her note when presented for payment. Dec 31 The company estimated that there is impairment loss of TL $10,000 from its customers. 2020 Feb 25 The Company determined that A..Pond's account was uncollectible and wrote off $8,053 that belongs to A. Pond. March. 17 A Pond unexpectedly paid the full amount to the company. Required: Prepare all the necessary journal entries