Hum Corp. has accounts receivable of $620,000. The company transfers these accounts receivable to a financial institution. There are no bad debts associated with these accounts receivable. Proceeds of $548,500 are received from the transfer. The transfer is on a non-notification basis, which means that the customers pay Hum, and Hum remits the cash to the financial institution. The customers pay $620,000 to Hum on schedule, and the cash remittance is forwarded to the financial institution Required: Record all journal entries for the sequence of events in the books of Hum Corp, assuming the transfer is recorded as a borrowing. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 Record the issue of notes payable. Note: Enter debits before credits Debit Credit Transaction General Journal View transaction list Journal entry worksheet Record the receipt of accounts receivables from customers. Hote: Enter debits before credits. Transaction General Journal Debit Credit 2 View transaction list Journal entry worksheet Record the payment of notes payable. Note: Enter debits before credits. Transaction General Journal Debit Credit 3 Saved no entry is required for a transaction/event, select "No journal entry required" in the first account fie View transaction list Journal entry worksheet