5age incorporated factored \$167,900 of accounts receivable with Pronghorn Factors inc on a without-recourse basis. Pronghorn assesses a 2% finance charge of the amount of accounts receivable and retains an amount equal to 6% of accounts receivable for possible adjustments. Prepare the journal entry for Sage incorporated and Pronghorn Factors to record the factoring of the accounts receivable to indented when the amount is entered. Do not indent manuality 5age incorporated factored \$167,900 of accounts receivable with Pronghorn Factors inc on a without-recourse basis. Pronghorn assesses a 2% finance charge of the amount of accounts receivable and retains an amount equal to 6% of accounts receivable for possible adjustments. Prepare the journal entry for Sage incorporated and Pronghorn Factors to record the factoring of the accounts receivable to indented when the amount is entered. Do not indent manuality