Question 4. (10 marks) Wilkinson SA has factored 450,000 of accounts receivable with Huskie Financing, on a without guarantee (no recourse) basis. Huskie Financing will collect the receivables. The receivable records are transferred to Huskie Financing on January 15, 2021. Huskie Financing assesses a finance charge of 5% of the amount of accounts receivable and also reserves an amount equal to 3% of accounts receivable to cover probable adjustments. Instructions: a. Prepare a journal entry required on January 15, 2021 for Wilkinson SA. b. Prepare a journal entry required on January 15, 2021 for Huskie Financing.