Factoring is when the company sells its accounts receivable to a third party at a discount, yes or no?

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If a company sells its receivable to another party to raise funds, it is known a...
Posted by:
Divyesh Patel
04-January-2015

Accounting Finance

Question added by Amer Faddoul , Bank Remedial Manager , Bank Bemo Saudi Fransi
Date Posted: 2015/08/22

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1 Answers

by Khaled ashraf

YES<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<

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