When companies sell their receivables to other companies , the transaction is called [Archive]

View Full Version : When companies sell their receivables to other companies , the transaction is called

PREVENTI9

Apr 24, 2009, 08:33 PM

1- Receivables from company owners and officers should be disclosed separately on the balance sheet. True or false

2- Receivables not currently collectible are reported in the investments section of the balance sheet. True or false.

PREVENTI9

Apr 24, 2009, 08:36 PM

1- true
2-false

morgaine300

Apr 24, 2009, 10:26 PM

Correct.