Skysong incorporated factored $100,200 of accounts receivable with Engram Factors inc on a with recourse basis Engramassesses a amount equal to 5 of accounts receivable for possible adjustments finance charge of the amount of accounts receivable and relansan Prepare the journal entry for Skysong to record the a ssuming that the recourse has a far value of S7 370 amount Credit accounts are automatically indented when the amount is need in many ne entry is required select les and enter for the Account Titles and explanation Skysong incorporated factored $100,200 of accounts receivable with Engram Factors inc on a with recourse basis Engramassesses a amount equal to 5 of accounts receivable for possible adjustments finance charge of the amount of accounts receivable and relansan Prepare the journal entry for Skysong to record the a ssuming that the recourse has a far value of S7 370 amount Credit accounts are automatically indented when the amount is need in many ne entry is required select les and enter for the Account Titles and explanation