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Home-EAA Forums General Questions Which of the ff is a method to generate cash from accounts receivable?

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

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    • #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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