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On March 3, Kitselman Appliances sells $683,400 of its recelvables to Tamarisk Inc. Tamarisk assesses a finance charge of 3% of the amount of recelvables

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On March 3, Kitselman Appliances sells $683,400 of its recelvables to Tamarisk Inc. Tamarisk assesses a finance charge of 3% of the amount of recelvables sold. Prepare the entry on Kitselman Appliances' books to record the sale of the receivables. (Credit occount tities are outomatically indented when amount is entered. Do not indent manually.)

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