Define selling group

Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter10: Accounting For Sales And Cash Receipts
Section10.1: Accounting For Sales On Account
Problem 1AYU
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Define selling group

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Introduction

A selling group consists of all financial institutions which are directly or indirectly involved in selling or marketing new or secondary offering or issue of debt and equity but not necessarily underwriting.

 

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