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PRINTER VERSION BACK NEXT Exercise 8-08 On March 3, Indigo Corporation sells $654,300 of its receivables to Western Factors Inc. Western Factors Inc, assesses a

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PRINTER VERSION BACK NEXT Exercise 8-08 On March 3, Indigo Corporation sells $654,300 of its receivables to Western Factors Inc. Western Factors 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 Click if you would like to Show Work for this question: Open Show Work

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