Examlex
Match each definition with the correct term.
-etiology
Factoring Fee
The cost charged by a third party to a business for providing factoring services—financing based on the business's receivables.
Accounts Receivable
Funds that customers owe to a company for products or services that have been provided but not yet compensated for.
Journal Entry
A record in accounting that logs a transaction and its impact on account balances in debit and credit terms.
Accounts Receivable Turnover
A financial ratio that measures how efficiently a company collects cash from its credit sales by dividing net credit sales by the average accounts receivable.
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Q73: A/An _ _ is an electronic device