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    College Accounting
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    Exam 6: Financial Statements and the Closing Process
  5. Question
    Cash and Other Assets That Will Be Converted into Cash
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Cash and Other Assets That Will Be Converted into Cash

Question 84

Question 84

Multiple Choice

Cash and other assets that will be converted into cash within one year or the normal operating cycle of the business,whichever is longer,are called


A) property.
B) plant.
C) equipment.
D) current assets.

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