Using the above data, indicate the entries needed to record each of the following cases. (Each situation is independent.) 1. To obtain additional money, the Moore Company non-recourse billed $20,000 of accounts receivable with Bryant Financial. The finance charge is 10% of the billed amount. 2. To obtain a one-year loan of $55,000, Moore allocates $65,000 of specific accounts receivable Endword Financial. The finance charge is 8% of the loan; cash is received and accounts are returned to Endword Financial. 3. The company wants to keep the Allowance for Doubtful Accounts at 5% of the "gross accounts receivable." 4. The company wishes to increase the allowance account by 11/2% of net sales