3. Who, What, Where LLP., factors $100,000 of account receivables to Why and How Much LTP. Why and How Much assesses a finance charge of 2.5% of the receivables and retains 4% of the receivables to cover probable adjustments. All criteria are met to record the transfer of receivables as a sale, and the fair value of the recourse liability is $2,000. a. Prepare the journal entry for Who, What, Where LLP., to record the sale of the receivables: (10 pts) Description Debit Credit Page 4