New attempt is in progress. some of the new entries may impact the last attempt grading. your answer is partially correct. the trial balance before adjustment for flint company shows the following balances. dr. cr. accounts receivable $85,700 allowance for doubtful accounts 2,220 sales revenue $442,400 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, flint factors without recourse $21,300 of accounts receivable with stills finance. the finance charge is 11% of the amount factored. 2. to obtain a 1-year loan of $59,300, flint pledges $73,700 of specific receivable accounts to crosby financial. the finance charge is 8% 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 at 6% of gross accounts receivable. 4. based on an aging analysis, an allowance of $5,614 should be reported. assume the allowance has a credit balance of $1,048.