On March 3 Pride Appliances sells $710,000 of its receivables to American Factors Inc. American Factors Inc.
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Instructions
Prepare the entry on Pride Appliances’ books to record the sale of the receivables.
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Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-0470239803
5th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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