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Would like to double check that answer is C. Question 3 (3 points) Which of the following is TRUE regarding the recording of a sale
Would like to double check that answer is C. Question 3 (3 points) Which of the following is TRUE regarding the recording of a sale of accounts receivable to a factor on a without recourse basis and the recording of the sale on a with recourse basis? The seller guarantees payment to the factor in the event of customer default when the sale is made on a without recourse basis. The amount of "Cash" recorded is different. The seller guarantees payment to the factor in the event of customer default when the sale is made on a with recourse basis. The amount of "Due from factor" recorded is different
Would like to double check that answer is C.
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