When Accounts Receivable Are Factored Without Recourse, What Account Does

question 8

Multiple Choice

When accounts receivable are factored without recourse, what account does the transferor credit?

• A) Accounts receivable
• B) Sales
• C) Liability
• D) Accounts receivable assigned

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Definitions:

Tears

A salty liquid produced by glands in the eye, serving functions in lubrication, protection, and reducing bacterial contamination.

Depolarizes

The process by which a cell’s electrical charge becomes less negative, often initiating a nerve impulse or muscle contraction.

Neurotransmitter

Chemical messengers that transmit signals across a synapse from one neuron to another.

Taste Cell

A type of cell found in the taste buds that is responsible for sensing taste stimuli.