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A third party is willing to finance Company A's accounts receivable with recourse. In the past, the company uncollectible receivables. What is the impact to

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A third party is willing to finance Company A's accounts receivable with recourse. In the past, the company uncollectible receivables. What is the impact to the company on its balance sheet? O The cash account increases by the amount of borrowing, and notes payable decrease by the same amount Accounts Accounts recelvable are sold and removed from the balance sheet, and cash Increases by the amount of sale Subrnvit rch

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