Question
1.) Why have A/R? Why not just collect our money when we deliver? 2.) Assume we do decide to issue A/R how should we properly
1.) Why have A/R? Why not just collect our money when we deliver? 2.) Assume we do decide to issue A/R how should we properly manage them? In terms of choosing who do we give credit to and then once we've done so ensuring we collect our money and in a timely fashion.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
10th Canadian Edition Volume 2
1118300858, 978-1118300855
