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Exercise 7-19 (Part Level Submission) Shamrock Corp. factors $449,000 of accounts receivable with Bridgeport Finance Corporation on a without Bridgeport Finance, which will receive the collections. Bridgeport Finance assesses a finance charge of 2.0 of accounts receivable to cover sales discounts, returns, and allowances. The transaction is to be recorded (a) Prepare the journal entry on July 1, 2020, for Shamrock Corp. to record the sale of receivables without rec and enter o for the amounts. Credit account titles are automatically indented when the amount Date Account Titles and Explanation Debit Credit July 1, 2020 Click if you would like to Show Work for this question: Open Show Work with Bridgeport Finance Corporation on a without recourse basis on July 1, 2020. The receivables records are transferred to idgeport Finance assesses a finance charge of 2.00% of the amount of accounts receivable and retains an amount equal to 4% and allowances. The transaction is to be recorded as a sale. Corp. to record the sale of receivables without recourse. (If no entry is required, select "No Entry" for the account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit ion: Qen Show Work