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The journal entry in the buyers books to record the honoring by the seller of an account deemed uncollectible in a factoring agreement with recourse

The journal entry in the buyers books to record the honoring by the seller of an account deemed uncollectible in a factoring agreement with recourse would include a

a. Debit to Bad Debt Expense

b. Debit to Allowance for Uncollectible Accounts

c. Debit to Cash

d. Debit to Loss on Factoring Agreement

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