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Business, 03.05.2021 15:10, osuigwewhitney487
On April 1, Dallow, Inc. factored $160,000 of its accounts receivable without recourse. The factor retained 10% of the accounts receivable as an allowance for sales returns and charged a 5% commission on the gross amount of the factored receivables. What amount of cash did Dallow receive from the factored receivables
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On April 1, Dallow, Inc. factored $160,000 of its accounts receivable without recourse. The factor r...
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