Recording the Sale of Accounts Receivable Without Recourse On April 1, DOS Company sold $34,000 accounts receivable to PS2 Finance Company to obtain immediate cash. The related allowance for doubtful accounts was $1,360. The financial agreement specified a price of $27,200 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)