Question 2 1 points Save Answer On August, 2019. XYZ Company factored receivables of $200,000 to ABC Company. ABC Company assesses a finance charge of 2% of the receivables and retains 5% of the receivables. Assume that XYZ Company factors the receivables on a with guarantee (with recourse) basis. The journal entry to be recorded by ABC is: OA. 186,000 ..4,000 10.000 Cash Finance charge.. Due from factor Recourse liability... 200,000 OB. Accounts receivable 200,000 Interest revenues.. ......14.000 Cash . 186,000 OC Cash...... Loss on sales of receivable... .186.000 .4,000 Due from factor... .10.000 Accounts receivable.... ....200.000 OD. Accounts receivable..... .200,000 Interest revenues.. Due to customer.. Cash...... ........4,000 10,000 186,000