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Kim's Copy Shop Is in the Process of Organizing Its

Question 40

Multiple Choice

Kim's Copy Shop is in the process of organizing its assets in the appropriate order. The manager asks you for help in arranging the following assets: equipment, accounts receivable, cash, merchandise inventory, and notes receivable. If you list cash first, which of the following will you list last?


A) merchandise inventory
B) note receivable
C) accounts receivable
D) equipment

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