Multiple Choice
The buyer who pays cash for an account receivable is referred to as a:
A) Payor.
B) Pledgor.
C) Factor.
D) Payee.
E) Pledgee.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q6: Each December 31, Davis Company ages its
Q34: Tecom had net sales of $315,000 and
Q65: On December 31 of the current year,
Q91: A dishonored note receivable is usually reclassified
Q120: If the credit balance of the Allowance
Q152: Hasbro had net sales of $7,875 and
Q155: Corona Company has credit sales of $4.60
Q156: The Connecting Company uses the percent of
Q159: What is the amount of interest that
Q162: On August 1,2013,Ace Corporation accepted a note