Business, 27.06.2019 02:30, marabic22

Calico corners decides to sell $400,000 of its accounts receivable to fast cash factors inc. fast cash factors assesses a service charge of 3% of the amount of receivables sold. prepare the journal entry that calico corners makes to record this sale.

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Calico corners decides to sell $400,000 of its accounts receivable to fast cash factors inc. fast ca...