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Types of Factoring
The factoring facilities can be largely categorized in four groups that are as follows:
1) Full service non-recourse (old line)
2) Full service recourse factoring
3) Bulk agency factoring
4) Non notification factoring.
HOW TO CALCULATE MATERIAL ACCOUNTING
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What is a pro forma financial statement and how does it relate to the master budget?
Prepare Summary Journal Entries to record the( 1) requistion slips
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