Click Submit to complete thesessment Question 12 Quen 12 of 13 1 points On Jane, 2019, XYZ Compey factored recevables of $500,000 to ABC Company ABC Company assesses a finance charge of 4% of the receivables and retains 0% of the receivables Ath XYZ Company factors the receivables on a with guarantee (with recourse) basis. The journal entry to be recorded by XYZ company is OA Accounts receivable Interest revmas 500,000 50,000 Cash 450,000 OR Accounts receivable 500,000 Interest revenues 20,000 Due to customer 30,000 Cash 450,000 OC Cash 450,000 Loss on sales of receivable 20,000 Due from factor 30,000 Accounts receivable. 500,000 Da Cash 450,000 Finance charge 20,000 Due from factor 30,000 Recourse liability 500,000