Answer / muniyaraj m

Factoring is a financing option in which firms raise cash by selling their accounts receivable at a discount from face value. Most factoring transactions made today actually are structured to be more like short-term loans with receivables pledged as collateral. Under this scenario, the firm pledging the receivables in return for funding still retains the risk associated with uncollectible receivables.

what are the entries when we sold goods on credit to some x person ? also when we sold goods for cash?

7 Answers  

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what is the three basic rule of journel

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accounting concepts

7 Answers   Capital IQ,

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How Can We Differ Horizental & Vertical Balace Sheet? Explain.

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hi every one i just want to know the entry for bank charges dt 31.3.2016 which deducted on 02.04.2016 kindly help me thank you raj

0 Answers   Indian Timbers,

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What Is The Entry Of Partners Loan & In Which Voucher

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A and V enter into a joint venture to sell a consignment of biscuits sharing profits and losses equally. A provides biscuits from stock Rs 10000. He pays expenses amounting to Rs 1000. V incurs further expenses on carriage Rs 1000. He receives cash for sales Rs 15000. He also takes over goods to the value of Rs 2000. The profit on joint venture is 7 (a) Rs.3000 (b) Rs.5000 (c) Rs.6000 (d) Rs.3500

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Define public accounting?

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WHAT IS THE AUDIT?

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Calculate the total Depreciation for four or five Years so give example?

1 Answers   EDS,

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What Is Responsibility Accounting?

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sir ,can effect on wbs element after wbs selected in t code : FBCJ for cash receipt?

0 Answers   ABC, Concor,

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