Question: . Current Attempt in Progress Prepare the necessary journal entry for the following transaction. Blossom Company sold $216,000 of its accounts receivables to a factor.

. Current Attempt in Progress Prepare the necessary journal entry for the following transaction. Blossom Company sold $216,000 of its accounts receivables to a factor. The factor charges a 3% fee. (...

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=+for the shareholder of the acquiring company?

=+for the shareholder of the acquired company?

=+for the acquired company?