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On March 3, Indigo Corporation sells $654,300 of its receivables to National factors inc National Factors inc assesses a service charge of its receivables to

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On March 3, Indigo Corporation sells $654,300 of its receivables to National factors inc National Factors inc assesses a service charge of its receivables to Western Factors Inc Western Fadors inc assesses a service charge of 4% of the amount of receivables sold Prepare the entry on Indigo Corporation books to record the sale of the receivables. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Mar 3

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