Recording the sale of Accounts Receivable With Recourse On April 1, 2020, DOS Company sold $58,000 accounts receivable to PS2 Finance Company to obtain immediate cash. The related allowance for doubtful accounts was $2,320. The financial agreement specified a price of $49,300 on a with-recourse basis. DOS estimated a $1,160 recourse liability. Prepare the journal entry for DOS Company to sell the accounts receivable. Note: If a line in the journal entry isn't required for the transaction, select "N/A" as the account name and leave the Dr. and Cr. answers blank(zero) Account Name Dr. Cr. Cash Allowance for Doubtful Accounts 58,000