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A company sells $806000 of accounts receivable to a factor for cash, incurring a 4% service charge. The entry to record the sale should not

A company sells $806000 of accounts receivable to a factor for cash, incurring a 4% service charge. The entry to record the sale should not include a O debit to Interest Expense for $32240. O debit to Service Charge Expense for $32240. O debit to Cash for $773760. O credit to Accounts Receivable for $806000

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