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Giest compory factord $500000 of Accounts receivable with commercial factors on without Golatentee breast transfer the receivable to the commercial factors, factor ASSESS. A finance

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Giest compory factord $500000 of Accounts receivable with commercial factors on without Golatentee breast transfer the receivable to the commercial factors, factor ASSESS. A finance charge of 37. of Account Recewable and setowns an Amount equal to 5 7. of Account recevable. Required: prepared the sournal entry in both company for selling heceivable

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