Intermedinte Accounting IC Intermediate Accounting by Accounting question Cheg SAUSO4 - An200408125 X treshinc has the following + V - x file:///C/Users/Chris/AppData/local/Packages/Microsoft Microsoft Edge wekyb3d8bbwe/TempState/Downloads/SBUS04%20%20An 20040812590%20(1).pdf Robinhood Email 0 Caras Spotify a. $ -0- b. $3,000. c. $5,400. d. $10,400. Wilkinson Corporation factored, with recourse, $300,000 of accounts receivable with Huskie Financing. The finance charge is 3%, and 5% was retained to cover sales discounts, sales returns, and sales allowances. Wilkinson estimates the recourse obligation at $7,200. What amount should Wilkinson report as a loss on sale of receivables? a. $ -O- b. $9,000. C. $16,200. d. $31,200. Remington Corporation had accounts receivable of $100,000 at 1/1. The only transactions affecting accounts receivable were sales of $600,000 and cash collections of $550,000: - Type here to search AD ING 1002 AM HA 4/11/202015 Intermedinte Accounting IC Intermediate Accounting by Accounting question Cheg SAUSO4 - An200408125 X treshinc has the following + V - x file:///C/Users/Chris/AppData/local/Packages/Microsoft Microsoft Edge wekyb3d8bbwe/TempState/Downloads/SBUS04%20%20An 20040812590%20(1).pdf Robinhood Email 0 Caras Spotify a. $ -0- b. $3,000. c. $5,400. d. $10,400. Wilkinson Corporation factored, with recourse, $300,000 of accounts receivable with Huskie Financing. The finance charge is 3%, and 5% was retained to cover sales discounts, sales returns, and sales allowances. Wilkinson estimates the recourse obligation at $7,200. What amount should Wilkinson report as a loss on sale of receivables? a. $ -O- b. $9,000. C. $16,200. d. $31,200. Remington Corporation had accounts receivable of $100,000 at 1/1. The only transactions affecting accounts receivable were sales of $600,000 and cash collections of $550,000: - Type here to search AD ING 1002 AM HA 4/11/202015