On April 1, DOS Company sold $10,000 accounts receivable to PS2 Finance Company to obtain immediate cash. The related allowance for doubtful accounts was $400. The financial agreement specified a price of $8,000 on a without-recourse basis. Required Prepare the journal entry for DOS Company to sell the accounts receivable. Note: If a line in the journal entry isn't required for the transaction, select "N/A" as the account name and leave the Dr. and Cr. answers blank (zero). Cash Account Name Dr. Cr. 8,000 < < 1,600 0 0 10,000 x V 400 0x 0 0 Loss on Sale of Receivables Accounts Receivable Allowance for Doubtful Accounts N/A To record sale of accounts receivable. 13