help please its one question

help please!!

Question On July 1, Star Company factored $600,000 of accounts receivable with Prett Financing on a without recourse basis. the sales discounts, and absorb the credit losses. Prett Financing assessed a finance charge of 7% of the total accounts receiv cover sales discounts Required: a. Prepare the journal entry required on Prett Financing on July 1. b. Assume Star Company factors the $600,000 of accounts receivable with Prett Financing on a with recourse For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI U S Paragraph Arial 10pt 149 92 - 3x? X2 > MacBook Air Question 7 of 12 8 points Financing on a without recourse basis. Under the arrangement, Prett Financing was to make the collections, handle ce charge of 79 of the total accounts receivable factored and retained an amount equal to 2% of the total receivables to rett Financing on a with recourse basis. Prepare the journal entry required on Star company's book on July 1. A T % 0 Q se V ) Question Muharraq Co. paid the following different costs in 2020 1.52,000,000 to quire a machine to be used in the RAD projects. The machine on a 4-year ofte ham. Coding the machine mary 2009 undagine per i method is applied 2.5550,000 for construction costs incurred to open a new plant. 3. $420,000 for engineering costs incurred to advance a new product to full production stage There is NO economie viabilny) 4 $250,000 for material and equipment used in research and development project 5.5130,000 for advertising expenses to the new products 65370,000 for consultation services provided by Manama Coduring the research process Required: How much Muharraq Co. should record as Research & Development expens in 20301 (Show your calculations) for the toolbar, press ALT F10 (PC) or ALT+F10 (Mac) 100 2 2