Which one of the following is not a method used by companies to accelerate cash receipts? Offering discounts for early payment Accepting national credit cards for customer purch…

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asked Jun 2, 2020 35.8k views

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Stichy · Answer 1 · 2020-06-08T05:37:54+0000

Answer:

Writing off receivables

Step-by-step explanation:.

Receivables represent the amount of money that the company can collect from its debtors. Writing of receivables means that the company is not able to collect its debt, and therefore will consider them as bad debt or uncollectible debt for tax purposes.

Which one of the following is not a method used by companies to accelerate cash receipts? Offering discounts for early payment Accepting national credit cards for customer purch…

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