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On A Mold factored Scots robe with you with Morocco wis to handle dues concedere was to make the section, and the corte credit loses,

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On A Mold factored Scots robe with you with Morocco wis to handle dues concedere was to make the section, and the corte credit loses, Kerry Finance assed awance charge of 5 of the total receive acted and warme total recewables to cover les discounts. Both Morocco Ito and Kenya France Corp. follow ASP. a) Prepare the journal entry required on Morocco's books on April 1. (3) b) Prepare the journal entry required on Kerya Finance's books on April 1. marks) c) Instead, assume Morocco factors the $600,000 of accounts receivable with Kerya Finance on a with rece basis. The provision fair value of $20,000. Prepare the journal entry required on Morocco's books on April. (5 marks) Accounts Debit Credit Kany was records reported a mentowycost of $53,500 da retreat S1, December 2013 M. 20, he records indicated a cost of $72,000 and a netrable work of $60,000. All peory had been duwt R. Assuring that Kanga Corp. uses a perpetual rentowy stem, prepare the neceway entries as at December 31, 2019 Dec 21,200 under both the direct method and the indirect method On A Mold factored Scots robe with you with Morocco wis to handle dues concedere was to make the section, and the corte credit loses, Kerry Finance assed awance charge of 5 of the total receive acted and warme total recewables to cover les discounts. Both Morocco Ito and Kenya France Corp. follow ASP. a) Prepare the journal entry required on Morocco's books on April 1. (3) b) Prepare the journal entry required on Kerya Finance's books on April 1. marks) c) Instead, assume Morocco factors the $600,000 of accounts receivable with Kerya Finance on a with rece basis. The provision fair value of $20,000. Prepare the journal entry required on Morocco's books on April. (5 marks) Accounts Debit Credit Kany was records reported a mentowycost of $53,500 da retreat S1, December 2013 M. 20, he records indicated a cost of $72,000 and a netrable work of $60,000. All peory had been duwt R. Assuring that Kanga Corp. uses a perpetual rentowy stem, prepare the neceway entries as at December 31, 2019 Dec 21,200 under both the direct method and the indirect method

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