Receivable Financing - Discounting of Note Receivable Without Recourse

Learn computations of maturity value, discount on notes receivable and net proceeds and prepare journal entry to record discounting of notes receivable without recourse.

Reference: Intermediate Accounting Volume 1 by Sir Conrado T. Valix, Sir Jose F. Peralta, and Sir Christian Aris M. Valix

Time Stamps:

00:00 Introduction
00:47 Problem Solving
03:02 Maturity Value
05:50 Discount
13:08 Net Proceeds
15:05 Journal Entry
19:01 Outro

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