Wisconsin Corporation factors $500,000 of accounts receivabl…

Wisconsin Corporation factors $500,000 of accounts receivable to Red & White Factors.  The receivables were sold with recourse.  Red & White charges a fee of 2% as well as retains an amount equal to 6% for probable adjustments.  The fair value of recourse obligation is $20,000. What journal entry should Wisconsin Corporation record when they factor the receivables?

Read the following Genetics in the News article: “Working ni…

Read the following Genetics in the News article: “Working night shifts may cause irreversible genetic damage”. Use what we learned about critical evaluation of genetics in the news to evaluate this article for credibility and validity. Give at least two pieces of evidence to support your evaluation (as either credible or not credible).  Evaluation: Credible or Not Credible Evidence to Support your Evaluation: 1. 2.