4. The Following examples are two independent situations (a) On March 3, Wayne company sells $580,000 of its receivables to Joker Inc. Joker Inc assesses a finance charge of 3 percent of the amount of receivables sold. Prepare the journal entry on Wayne company's books to record the sale of the receivables. (b) on May 10, BU book store sold merchandise for $3,800 and accepted the custormer's Chase Visa credit card. Chase charges 4 percent service charge for credit card sales. Prepare the journal entry on BU book store's books to record the sale of the merchandise