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waterway furninture factos 915000 of recievables ro paroah inc. paroah assesss a 2% service charge on the amount of receiveables sold. waterway factors its receiveables

waterway furninture factos 915000 of recievables ro paroah inc. paroah assesss a 2% service charge on the amount of receiveables sold. waterway factors its receiveables regualarly with pharoah.. what journal entery does waterway make when factoring these receiveables?

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