Recording the Sale of Accounts Receivable Without Recourse

On April $1,$ DOS Company sold $$10,000$ accounts receivable to PS$2$ Finance Company to

obtain immediate cash. The related allowance for doubtful accounts was $$400.$ The

financial agreement specified a price of $$8,000$ on a without$-$recourse basis.

Required

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$).$