Details, Fiction and factoring accounts receivable journal entries without recourse

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one) Presume you will discover sales special discounts of CU10,000 and undesirable debts of CU30,000. The debts are collected through the financial institution. Do I have to file any entries for the seller or the company? Are the above mentioned transactions only afflicted the factor/bankers? non-recourse factoring signifies that http://thomas3r74unn8.blogdal.com/profile


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