Question: Question 4 View Policies Current Attempt in Progress On March 3, Vaughn Manufacturing sells $723,600 of its receivables to Western Factors Inc. Western Factors Inc.

Question 4 View Policies Current Attempt in Progress On March 3,

Question 4 View Policies Current Attempt in Progress On March 3, Vaughn Manufacturing sells $723,600 of its receivables to Western Factors Inc. Western Factors Inc. assesses a service charge of 4% of the amount of receivables sold. Prepare the entry on Vaughn Manufacturing' books to record the sale of the receivables. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Mar. 3

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