Which of the ff is a method to generate cash from accounts receivable?

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    Posts
  • #5267

    Janet
    Participant

    Which of the ff is a method to generate cash from accounts receivable?
    A. Assignment
    B. Factoring
    C. A and B
    D. A,B and Discounting
    why?

  • #5268

    Melanie
    Participant

    Discounting is applicable to notes receivable and not to accounts receivable. So it’s C

  • #5269

    Maruth Diaz
    Participant

    For me, mas applicable yung Letter B. Kasi yung excess from Receivable from factor, commission,interest eh mag-dedebit ng Cash. Kaya ayun tapos iba pa kung may loss on factoring

  • #5270

    Joy
    Participant

    C po kasi para sa Notes receivable lang yung discounting saka wala namang interest ang accounts receivable

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