Tarheel Services is holding a Bill receivable from one of its customers and wishes to collect the cash earlier than the maturity date of the bill. The bill is for $1 000 and carries a rate of 4%. Tarheel sells the bill to a bank for $950. Please provide the journal entry which Tarheel makes to record this transaction. 
Definitions:
Expressive Styles
are unique ways individuals convey their feelings, thoughts, and personalities through communication, appearance, and behavior.
Consistency
The quality of always acting or behaving in the same way, leading to predictable and reliable outcomes in various situations.
Possible Selves
An individual's conceptions about who they might become, who they would like to become, and who they are afraid of becoming.
Group Identification
The psychological process by which an individual identifies with a specific group, adopting its norms, values, and behaviors as their own.
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