Question: how can I solve these two questions? Question 8 - 1 View Policies Current Attempt in Progress Bramble Inc. factors receivables with a carrying amount

how can I solve these two questions? Question 8 - 1

how can I solve these two questions?

Question 8 - 1 View Policies Current Attempt in Progress Bramble Inc. factors receivables with a carrying amount of $202,200 to Joffrey Company for $177,700 on a with recourse basis. The recourse provision has a fair value of $1,850. This transaction should be recorded as a sale. Prepare the appropriate journal entry to record this transaction on the books of Bramble Inc. (If no entry is required, select "No Entry for the account titles and enter o for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Account Titles and Explanation Debit Credit Credit e Textbook and Media

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