1. Prepare any necessary journal entry or entries if receivables are factored under Option One 2. Prepare any necessary journal entry or entries of receivables are factored under Option Two. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare any necessary Journal entry or entries of receivables are factored under Option Two. (If no entry is required for transaction/event, select "No journal entry required in the first account field) View transaction lit Journal entry worksheet Record the entry if receivables are factored under option two