Question 7 1 points On August, 2019, XYZ Company factored receivables of $200,000 to ABC Company. ABC Company assesses a finance charge of 2% of the receivables and retains 5% of the receivables. Assume that XYZ Company fa receivables on a with guarantee (with recourse) basis. The journal entry to be recorded by ABC is: OA B. Accounts receivable Interest revenues. Due to customer.. Cash Accounts receivable Interest revenues. Cash Cash OC. Finance charge. Due from factor. Recourse liability. .200,000 .200.000 4,000 10.000 186.000 ....14,000 ... 186,000 .4,000 .10,000 ... 186.000 200,000 D. Cash..... 186,000 Loss on sales of receivable. 4,000 Due from factor 10,000 Accounts receivable.. .200,000