Swifty Incorporated factored $123,000 of accounts receivable with Nash Factors Inc. on a without-recourse basis. Nash assesses a 2% finance charge of the amount of accounts receivable and retains an amount equal to 6% of accounts receivable for possible adjustments. Prepare the journal entry for Swifty Incorporated and Nash Factors to record the factoring of the accounts receivable to Nash. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Account Titles and Explanation Debit Credit Swifty Nash