help please 3 part question

View Policies Current Attempt in Progress On May 1, Concord, Inc. factored $1.792.000 of accounts receivable with Quick Finance on a without recourse basis. Under the arrangement. Concord was to handle disputes concerning service, and Quick Finance was to make the collections, handle the sales discounts, and absorb the credit losses, Quick Finance assessed a finance charge of 6% of the total accounts receivable factored and retained an amount equal to 2% of the total receivables to cover sales discounts Prepare the journal entry required on Concord's books on May 1. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually) Debit Credit Date Account Titles and Explanation May 1 38F 006 BOS AM 2/21/2012 a * SD O 1 here to search Prepare the journal entry required on Quick Finance's books on May 1. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit May 1. 38F 3 4 Dd a XD 3:05 AM 2/26/2002 ORA to search ./15 Assume Concord factors the $1,792.000 of accounts receivable with Quick Finance on with carbonised. There provision has a fair vakie of $31.360. Prepare the journal entry required on Concord's books on May 1.1 automatically indented when the amount is entered. Do not inden man Date Account Titles and Explanation Debit Credit May 1 38F OKOK a #9 8:06 AM 2/24 o e here to search BI