Describe the procedures of accounts receivable financing according to the numbers given in the following charter. Write your ans

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问题 Describe the procedures of accounts receivable financing according to the numbers given in the following charter. Write your answer on the ANSWER SHEET.

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答案①The company delivers goods to the customer. ②The customer purchases goods on open account from the company. ③The company sells accounts receivable to the factor. ④The company acquires cash from the factoring accounts receivable. ⑤The customer makes payment of the accounts receivable to the factor.

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