What occurs when a business pledges its receivables what is, Finance Basics

What occurs when a business pledges its receivables what is

Question: 1. What occurs when a business factors its receivables?

2. What occurs when a business pledges its receivables?

3. What is the expense account associated with the cost of uncollectible receivables called?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: What occurs when a business pledges its receivables what is

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