Examlex
By selling on credit,companies run the risk of not collecting some receivables.
Sales Revenue
Money a company makes from its merchandise sales or services rendered.
Service Charge Expense
Service charge expense refers to fees charged for specific services provided, often recognized as an expense in accounting records.
Accounts Receivables
Sums due to a company from its clients for products or services provided but not yet compensated for.
Factor
A financial intermediary that purchases receivables from businesses, providing them with immediate cash flow.
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