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-   -   When companies sell their receivables to other companies , the transaction is called (https://www.askmehelpdesk.com/showthread.php?t=345756)

  • Apr 24, 2009, 08:33 PM
    PREVENTI9
    When companies sell their receivables to other companies , the transaction is called
    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.
  • Apr 24, 2009, 08:36 PM
    PREVENTI9

    1- true
    2-false
  • Apr 24, 2009, 10:26 PM
    morgaine300

    Correct.

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