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Prepare the necessary journal entry for the following transaction. Crane Company sold $221,400 of its accounts receivables to a factor. The factor charges a 3%
Prepare the necessary journal entry for the following transaction. Crane Company sold $221,400 of its accounts receivables to a factor. The factor charges a 3% fee
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
