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. The

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. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entry before credit entry.) Account Titles and Explanation Debit Credit eTextbook and Media Assistance Used

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