Which of the next statements concerning receivables is right A. Receivables happen when a enterprise loans cash to a different get together. B. Every receivable transaction entails three events. C. A receivable is the appropriate to pay money sooner or later from a present receivable transaction. D. A receivable happens when a enterprise makes a money sale of products or companies to a different get together.
The proper reply is letter A: Receivables happen when a enterprise loans cash to a different get together.
Clarification: Account receivables are the results of offering items or companies to clients on credit score. The receivable is a promissory observe of reimbursement in a decided interval and contemplating the rise of the acquisition worth due to curiosity. Accounts receivable assist the producer to take away pointless stock of its warehouse by permitting clients to take the merchandise on account.
Receivables can be the results of lending cash to a different agency.
Do you could have reply decisions
i assume you would put increase the financial stability
This post is last updated on hrtanswers.com at Date : 1st of September – 2022