= Send to Gradebook < Prev Question 8 View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. 0.78/1 On March 3, Indigo Corporation sells $654,300 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 Indigo Corporation 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 Mar. 3 Cash Service Charge Expense Accounts Receivable eTextbook and Media List of Accounts Debit Send to Gradebook 1932900 Credit 654300 Attempts: 2 of 3 used Save for Later Submit Answer Type here to search 99+ < Prev