KiYgbird Incorporated factored $150.700 of accounts receivable with Engram Factors inc on a with recourse basis Engram assesses a 2 an amount equal to 7% of accounts receivable for possible adjustments finance charge of the amount of accounts receivable and retains f 7680 Prepare the journal entry for Kingbird to record the sale, assuming that the recourse ability hasafar a Credit account t ortomatically indented when the amount ante. Do not inden man Account Titles and Explanation Debit Credit