pents On September 1, Global Company factored $800,000 of accounts receivable with Marks Financing on a without recourse basis. Under det, Marks wing to make the selections handle the sales discounts, and absorb the credit losses. Marks Financing assessed a finance charge of 6% of the total accents receivable factored and tada to cover sales discount. to Required: a Prepare the journal entry required on Marks Financing on September L b. Assume Global Company factors the $800,000 of accounts receivable with Marks Financing with recourse basis Perpere the journal esty speed in Global company's September 1 For the toolbar, press ALT-E10 (PC) or ALT-EN-F10 (MC) *** BIVS Paragraph M Arial 10pt 2 1. xa Acta var Cotolettes ac We