Business, 28.05.2021 01:00 slavenkaitlynn
Bonita Industries factors $6900000 of its accounts receivables without recourse for a finance charge of 4%. The finance company retains an amount equal to 10% of the accounts receivable for possible adjustments. What would be recorded as a gain (loss) on the transfer of receivables
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Bonita Industries factors $6900000 of its accounts receivables without recourse for a finance charge...
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