Exercise 7-19 Swifty Corp. factors $393,000 of accounts receivable with Nash Finance Corporation on a without recourse basis on July 1, 2017. The receivables records are transferred to Nash Finance, which will receive the collections. Nash Finance assesses a finance charge of 1.90% of the amount of accounts receivable and retains an amount equal to 5% of accounts receivable to cover sales discounts, returns, and allowances. The transaction is to be recorded as a sale. account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Date Account Titles and Explanation Credit July 1, 2017