what is factoring
Define what is factoring in your terms?
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Selling of rights to the amounts due by debtors to a finance company for an approved amount (that is less than the amount at which they are recorded in the books of account so that the finance company needs to be paid for providing the service).
What are the materials /components are used by Accounts receivable departments?
Explain the process of journal entry recorded?
what are the merits of using accounting assumptions when preparing financial statements
What are International Accounting Standards?
Explain in your terms what are Accounts receivables?
You have been asked how to prepare a bill for services. What type of information should be comprised in the bill?
Explain Customer Master record in brief?
Which kind of assets should be capitalized and when expense out?
Explain the issues related with Accounts receivable?
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