Appliances sells $714,. charge of 4% of the amount of receivables sold. Prepare the entry on Sunland Appliances' books to record the sale of the receivables. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation of its receivables to Western Factors Inc. Mar. 3 Debit Credit

charge of 4% of the amount of receivables sold. Prepare the entry on Sunland Appliances' books to record the sale of the receivables. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select 'No Entry' for the account titles and enter o for the amounts.) On March 3, Sunland Appliances sells $714,200 of its receivables to Western Factors Inc. Western Factors inc. assesses a service charpe of 4% of the amount of recelvables sold. Prepare the entry on Sunland Appliances' books to record the sale of the receivables. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tittes and enter o for the amounts.)