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THIS SUBJECT IS INTERMEDIATE ACCOUNTING 1. Factoring made on a without recourse basis* a.is prohibited. b.is an outright sale. c. results to recognition of a

THIS SUBJECT IS INTERMEDIATE ACCOUNTING 1. Factoring made on a without recourse basis* a.is prohibited. b.is an outright sale. c. results to recognition of a contingent liability. d. requires an equit...

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