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    Business
  3. Study Set
    Understanding Financial Accounting Study Set 1
  4. Exam
    Exam 3: Double-Entry Accounting and the Accounting Cycle
  5. Question
    Which of the Following Is a Current Asset Item on the Statement
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Which of the Following Is a Current Asset Item on the Statement

Question 2

Question 2

Multiple Choice

Which of the following is a current asset item on the Statement of Financial Position?


A) Equipment
B) Prepaid expenses
C) Accounts payable
D) Accrued wages payable

Correct Answer:

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