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The account Due from Factor may be created as the result of: Select one: a.Borrowing with receivables as collateral b.Assigning receivables to a collection agency
The account "Due from Factor" may be created as the result of:
Select one:
a.Borrowing with receivables as collateral
b.Assigning receivables to a collection agency
c.Selling receivables resulting from the credit sales of merchandise
d.Securitizing multiple receivables
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