The following are two independent situations. (Omit cost of goods sold entries.) (a) On March 3, Kitselman Appliances sells $624,000 of its receivables to Larkspur Inc. Larkspur assesses a finance charge of 1% of the amount of receivables sold. Prepare the entry on Kitselman Appliances'books to record the sale of the receivables. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) (b) On May 10, Metlock Company sold merchandise for $3,800 and accepted the customer's America Bank MasterCard. America Bank charges a 4% service charge for credit card sales. Prepare the entry on Metlock Company's books to record the sale of merchandise. (List all debit entries before credit entries. Credit account titles are outomatically indented when the amount is entered. Do not indent manually.)