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Delta Company factored $600,000 of accounts receivable to Epsilon Factors without guarantee. The Factor char equal to 4% of the receivables for possible adjustments. You

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Delta Company factored $600,000 of accounts receivable to Epsilon Factors without guarantee. The Factor char equal to 4% of the receivables for possible adjustments. You are required to record the purchase of the receivables ONLY in the books of Epsilon Factors A BI ili III % Date Accounts Dr $ Cr $ Factor charged a finance fee of 2% of the amount of the receivables and retained on a

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