Check my work 5 Mountain High Ice Cream Company transferred $67,000 of accounts receivable to the Prudential Bank. The transfer was made without recourse. Prudential remits 90% of the factored amount to Mountain High and retains 10 henthe bank Collects ereze ables it will remit to Mountain High the retained amount (which Mountain estimates has a fair value of $5,700) less a 3% fee (3% of the total factored amount). 10 points Required Prepare the journal entry to record the transferon the books of Mountain High assuming that the sale criteria are met. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) eBook Hint Print References View transaction list Journal entry worksheet Record the transfer of accounts receivable Note: Enter debits before credits. Event General Journal Debit Credit