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4. Sales of Accounts Recievables On April 6, Holton Company sold $108,000 of its accounts receivable to a collection agency, which charges a 2.5% factoring

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4. Sales of Accounts Recievables On April 6, Holton Company sold $108,000 of its accounts receivable to a collection agency, which charges a 2.5% factoring fee. Record the entry on April 6

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