When does a home seller generally fill out a property condition disclosure form

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Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.

Liberty capital had seen its net income increase dramatically from the previous year, yet over the same period of time, its net cash provided from operations had decreased. which of the following would explain how this situation came about? liberty's expenditures on fixed assets had declined. liberty's depreciation and amortization expenses had declined. liberty's interest expense had increased. liberty's cost of goods sold had increased.