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Q: What is the preferable presentation of accounts receivable from officers, employees, or affiliated companies on a balance sheet? a. As offsets to capital. b. By means of footnotes only. c. As
assets but separately from other receivables
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Asked 7/30/2013 12:14:50 AM
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Thresher Corporation sold its accounts receivable outright to Kari Company, a financing company that normally buys accounts receivable of other companies without recourse. The accounts receivable have been: a. collateralized. b. pledged. c. factored. d. assigned.
Weegy: Thresher Corporation sold its accounts receivable outright to Kari Company, a financing company that normally buys accounts receivable of other companies without recourse. The accounts receivable have been FACTORED. (More)
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Expert Answered
Updated 24 days ago|4/28/2018 12:40:40 AM
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