Bramble Incorporated factored $139,300 of accounts receivable with Sunland Factors Inc. on a without-recourse basis. Sunland assesses a 3% finance charge of the amount of accounts receivable and retains an amount equal to 5% of accounts receivable for possible adjustments. Prepare the journal entry for Bramble Incorporated and Sunland Factors to record the factoring of the accounts receivable to Sunland. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.)

Bramble Incorporated factored \\( \\$ 139,300 \\) of accounts reccivable with Sunland Factors Inc, on a without-recourse basis. Sunland assesses a \3 finance charge of the amount of accounts receivable and retains an amount equal to \5 of accounts receivable for possible adjustments. Prepare the journal entry for Bramble Incorporated and Sunland Factors to record the factoring of the accounts receivable to Sunland (if no entry is required, select \"No Entry\" for the account titles and enter Ofor the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.)