please help!

Current Attempt in Progress The trial balance before adjustment for Sandhill Co. shows the following balances. Accounts receivable Allowance for expected credit losses Sales revenue The following cases are independent: 1. 2. 3. 4. Debit $78,500 1,850 Credit $420,000 To obtain cash, Sandhill factors without recourse $16,000 of receivables with Anila Finance. The finance charge is 8% of the amount factored. To obtain a one-year loan of $50,000, Sandhill assigns $60,000 of specific accounts receivable to Ruddin Financial. The finance charge is 8% of the loan; the cash is received. The company wants to maintain the Allowance for Expected Credit Losses at 4% of gross accounts receivable. The company wishes to increase the allowance account by 1.3% of sales. Using the data above, prepare the journal entries to record each of the above cases. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.)

The trial balance before adjustment for Sandhill CO, shows the following balances. The following cases are independent: 1. To obtain cash Sandhill factors without recourse $16,000 of receivables with Anila Finance. The finance charge is 8% of the amount factored. 2. To obtain a one year loan of $50,000, Sandhill assigns $60,000 of specific accounts receivable to Ruddin Financial. The finance charge is 8% of the loanc the cash is received. 3. The compary wants to maintain the Allowance for Expected Credit Losses at 4% of gross accounts receivable. 4. The company wishes to increase the allowance account by 1.3% of sales. Using the data above, prepare the journal entries to record each of the above cases. (Credit occount titles are automatically indented When the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts. List all debit entries before credit entries) List all debit entries before credit entries.)