QUESTIONS Bonus questions b) Listed below are two independent situations involving the disposition of receivables (8 marks) Fultz Company sells $350,000 of its receivables to Quick Factors, Inc. Quick Factors assessos a finance charge of 2% of the amount of receivables sold. 1 Instructions Prepare the journal entry to record the sale of the receivables on Fultz Company's books 2) A restaurant is the site for a large company party. The bill totals $4,000 and is charged by the patron on a Visa credit card. Instructions Assume a 4% service fee is charged by Visa. Record the entry for the transaction on the restaurant's books, TTT Arial + 3(12pt) T Click Save and Submit to save and submit. Click Save All Answers to save all answers. MacBook Pro 80 F3