Receivable Financing - Endorsement of Notes Receivable (With Recourse and Without Recourse)
In this video, we discuss promissory note, parties involved in promissory note, discounting of note receivable, endorsement, endorsement with recourse and endorsement without recourse.
Reference: Intermediate Accounting Volume 1 by Sir Conrado T. Valix, Sir Jose F. Peralta, and Sir Christian Aris M. Valix
Time stamps:
00:10 Promissory Note
04:50 Promissory Note thru Journal Entries
06:10 Discounting of Note Receivable
11:23 Endorsement
15:53 Endorsement with Recourse
19:08 Endorsement without Recourse
20:43 Recap
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