Question Completion Status: QUESTION 26 Hunt Incorporated sold $300,000 of accounts receivable to Gannon Factors Inc. on a with recourse basis. Gannon assesses a 2% finance charge of the amount of accounts receivable and retains an amount equal to 6% of accounts receivable for possible adjustments. Prepare the journal entry for Hunt Incorporated to record the sale of the accounts receivable to Gunnon assuming that the recourse liability has a fair value of $15,000 TTT Anal 3 (121) T Words:0 Path: P QUESTION 27 The following Information pertains to Simms Company's April bank reconciliation $3.550 Balance per bank statement alladeer