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Accounts receivable of $12000 (gross) are factored with Rothchild Credit Corp. without recourse at a financing charge of 9%.Cash is received for the proceeds; collections are handled by the financing company. (These accounts were all past the discount period). Prepare the necessary entries in...
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I was given a bottle of this wine as a gift and know nothing about it. How long should it sit before drinking? How much would it cost to replace it? View more questions Search
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