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Check my work Samson Wholesale Beverage Company regularly factors its accounts receivable with the Miss Finance Company On April 30 2021 the company transferred $910.000

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Check my work Samson Wholesale Beverage Company regularly factors its accounts receivable with the Miss Finance Company On April 30 2021 the company transferred $910.000 of accounts receivable to Mites The transfer was made without recourse Mipitas rents 90% of the factored amount and retains 10% When Milpitas collects the receivables. It remuts to Samson the retained amountless a 5% fee 15% of the total factored amount) Samson estimates the fair value of the last 10% of its receivables to be $65.000 Required: Prepare the journal entry for Samson Wholesale Beverage for the transfer of accounts receivable on Aoni 30, assuming the solo criterio are met. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field) View tractions www url entry worksheet No Event General Journal Creet Debit 19.000 500 Receta Loss of Account 10000 PE

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