Analyze the criteria for the sale of receivables.
Propose one method that would achieve the maximum amount of money from the sale.
According to the Wiley CPA review, “Accounts Receivable (AR) is the proceeds or payment that a business or a company gets back from their customers” A debtor who is person or enterprise that owes money to the business is a customer, who have purchased goods & services on credit. Usually the credit period is short ranging from few days to months or in some cases maybe a year.
Four different types  of receivables are:
Accounts Receivable, notes receivable, trade receivables and non-trade receivables.  The most liquid is notes receivable.  Receivables are valued on the balance sheet at net realizable value.


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