TPlease show a step-by-step solution/explanation

he trial balance before adjustment for Bramble Company shows the following balances.

		Dr.		Cr.
Accounts Receivable		$84,600
Allowance for Doubtful Accounts		2,650
Sales Revenue				$447,400

Using the data above, give the journal entries required to record each of the following cases. (Each situation is independent.)

1.		To obtain additional cash, Bramble factors without recourse $29,200 of accounts receivable with Stills Finance. The finance charge is12% of the amount factored.
2.		To obtain a 1-year loan of $57,500, Bramble pledges $71,400 of specific receivable accounts to Crosby Financial. The finance charge is8% of the loan; the cash is received and the accounts turned over to Crosby Financial.
3.		The company wants to maintain the Allowance for Doubtful Accounts at7% of gross accounts receivable.
4.		Based on an aging analysis, an allowance of $5,717 should be reported. Assume the allowance has a credit balance of $998.

(If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

No.	Account Titles and Explanation	Debit	Credit
1.
2.
3.
4.