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Hi, Please help Transferred Receivables of $66,000 to a factor without recourse. The factor charged Evergreen a 1% finance charge on the receivables transferred. The

Hi, Please help

Transferred Receivables of $66,000 to a factor without recourse. The factor charged Evergreen a 1% finance charge on the receivables transferred. The sale criteria are met.

Please show me the journal entry for this, thank you

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