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

  • Author
    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

You must be logged in to reply to this topic.

Join EAA Forum

Recent Topics

Search Forums

© EAA 2007. All rights reserved.

Login

  • Full name (required)
  • User ID (required)
  • First Name (required)
  • Last Name (required)
  • Date of Birth (required)
  • Your E-mail (required)

    (pluk account)

  • Mobile Number (required)
  • Recruiter Name (required)
  • Register

Register

FACEBOOKGOOGLE Create an Account
Create an Account Back to login/register
X