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    Intermediate Accounting Study Set 7
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    Exam 9: Short-Term Operating Assets: Cash and Receivables
  5. Question
    Discounting a Note Receivable Is Similar to Pledging an Account
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Discounting a Note Receivable Is Similar to Pledging an Account

Question 112

Question 112

True/False

Discounting a note receivable is similar to pledging an account receivable.

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