Question: The receivables were sold without recourse. The factor charged 6 % and held back 5 % for sales adjustments. Record the sale of receivables entry

The receivables were sold without recourse. The factor charged 6% and held back 5% for sales adjustments. Record the sale of receivables entry for Bappa.
\table[[Account Name,Dr.,Cr.],[4,0,0],[4,0,0],[,0,0],[,0,0],[To record the sale of recelvables.,,]]
The receivables were sold without recourse. The factor charged 6% and

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