Why would a company sell or assign its notes receivable How are transferred notes disclosed on the financial statements during the period between the discount date and maturity date ...

A company may sell or assign its notes receivable to a bank ...

Why would a company sell or assign its notes receivable? How are transferred notes disclosed on the

Question:

Why would a company sell or assign its notes receivable? How are transferred notes disclosed on the during the period between the discount date and date?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...