What are the benefits of bundling home and auto insurance VS not bundling? I've heard that to have lots of money, part of the process is to bundle EVERYTHING. But doesn't that mean everything goes on one bill? It may save you some money at first, but will it eventually put someone in the hole afterwards?

And what if I wanted to change something on the bill, but I can't because it's all together, and to change one thing, I'd have to change everything else?

I'm so confused about this question, and I'm not an adult, so I don't even know a lot about insurance to begin with. Any answers would be great, thanks!

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.