Question 4 (3 points) On September 23, 201 Duel Corporation transfers $350,000 of accounts receivable to a financing company. Details of the transfer are as follows: Price $337,850 on a with recourse, notification basis Duel retains right to repurchase the receivables, and First right of refusal if the financing company want to resell the accounts receivable The $12,150 reduction from face value represents: A S7,150 financing fee, and $5,000 of bad debts which are already in the allowance for doubtful accounts Required Prepare the journal entry on September 23, 2019