Twain Motors both sells and leases vehicles. Due to sales that have temporavily slowed weh the economy, the company factored a signifcant portion of es iease receiveies. The conteny taciored actual uncollectible accounts amounted to $650,000. Required Record the entries on Twair's books relating to the $13 millon of lease recelvables. (Enter all amounts in doliars and not in milions). Requirement. Record the entries on Twair's books relating to the $13 milion of loase recoivables. (Recoed debits frst, then credis Explansions are not required.) Begin with the entry to record the transfer of receivables