The med om be and Question 9 of 12 8 points ave Answer On July 1, Company faced 1900,000 of accounts receivable with Prett Financing on a without recourse basis. Under the arrangement, Prett Financing was to make the collections, handle and aber the andit loses Pret Financing assessed a finance charge of 5% of the total accounts receivable factored and retained an amount equal to 3% of the total receivables to Required d Pp the jurnal y pued on Prett Financing on July 1. Star Company on the $900,000 of accounts receivable with Prett Financing on a with recourse basis. Prepare the journal entry required on Star company's book on July 1. BIVSParagrah Arial 30 4 10pt 3 Av 40 (1) BE 0 WORDS POWERED BY TIM