freem

How to Account For Factoring: Revision history

View logs for this page (view abuse log)

Diff selection: Mark the radio buttons of the revisions to compare and hit enter or the button at the bottom.
Legend: (cur) = difference with latest revision, (prev) = difference with preceding revision, m = minor edit.

21 March 2023

  • curprev 15:3015:30, 21 March 2023 Lukegao1 talk contribs 1,845 bytes +1,845 创建页面，内容为“Factoring is a financial transaction where a company sells its accounts receivables to a third party, known as a factor, at a discount. The factor then assumes responsibility for collecting the debt owed by the customers of the company. Accounting for factoring involves recording the transaction in the company's financial statements in accordance with Generally Accepted Accounting Principles (GAAP). Here are the steps to account for factoring: 1. Identify th…”
Retrieved from "https://freemwiki.com/wiki/How_to_Account_For_Factoring"