The trial balance before adjustment for Ivanhoe Company shows the following balances, Dr. Cr $ 82,500 Accounts receivable Allowance for doubtful accounts Sales revenue 1,650 $450,000 The following cases are independent: 1. 2 To obtain cash, Ivanhoe factors without recourse $ 26,000 of receivables with Anila Finance. The finance charge is 10% of the amount factored To obtain a one-year loan of $57.000, Ivanhoe assigns $ 67,000 of specific accounts receivable to Ruddin Financial. The finance charge is 6% of the loan the cash is received The company wants to maintain the Allowance for Doubtful Accounts at 5% of gross accounts receivable. The company wishes to increase the allowance account by 12% of sales, 3. 4 Using the data above, prepare the journal entries to record each of the above cases. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts) No. Account Titles and Explanation Debit Credit 1. the 2 3