Oliver Furniture factor $600.000 of receivables to Kwik Factors Inc, Kwk factors on a 2 service charge on the amount of receivables sold. Over Furniture factors its rocavables rogutany win wic Foctor What journal entry does Olver more when factoring these recolvable! Select one Cat Lam on Sainot Receivables Accounts Receivable 588.000 12.000 600.000 Coth 5000 SABO Account Rocolvable Account Recorate 18.00 12.000 SO 588000 12.000