On March 3, Pitrof Appliances sells $710,000 of its receivables to American Factors Inc. American Factors Inc.
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Instructions
Prepare the entry on Pitrof Appliances’ books to record the sale of the receivables.
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Related Book For
Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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