× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
6
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
thecarp22222 thecarp22222
wrote...
Posts: 5
Rep: 0 0
7 years ago


What entry format is appropriate if sales returns and allowances occur on factored accounts?
   

Sales Returns and Allowances     XX

       Factoring Expense                              XX
   

Receivable from Factor       XX

          Factoring Expense               XX
   

Return Liability                              XX

            Receivable from Factor               XX
   

Receivable from Factor       XX

         Accounts Receivable                XX
Read 229 times
1 Reply

Related Topics

Replies
wrote...
Valued Member
Educator
7 years ago
Hi there,

See if these attachments helps Grinning Face
 Attached file(s) 
(11.17 KB)
(198.77 KB)
You must login or register to gain access to these attachments.
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  857 People Browsing
 111 Signed Up Today
Related Images
  
 1035
  
 570
  
 5013
Your Opinion
What's your favorite math subject?
Votes: 293