How to Account For Factoring：修订历史

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2023年3月21日 (星期二)

  • 当前之前 15:302023年3月21日 (二) 15:30‎ Lukegao1 讨论 贡献‎ 1,845字节 +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…”
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