Exercise 7-10 Shamrock Corp. factors $393,000 of accounts receivable with Bridgeport Finance Corporation and without recourse by 2020. There records are tradered to Bridgeport France which will receive the collections, Bridgeport Finance assesses a finance charge of 1.90 of the amount of content creata cover les discounts, returns, and allowances. The transaction is to be recorded as a sale Prepare the journal entry on July 1, 2020, for Shamrock Corp. to record the sale of receivables without recourse. (If no entry is required, electory for the account tities and enter for amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually) Date Account Titles and Explanation Debat July 1, 2020 SHOW LIST OF ACCOUNTS Prepare the journal entry on July 1, 2020, for Bridgeport Finance Corporation to record the purchase of receivables without recourse. (If no entry is required, select "No Entry for the acce and enter o for the amounts Credit account titles are automatically indented when the amount is entered. Do not indent manually) Date Account Tities and Explanation Debit Credit July 1, 2020