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  3. Study Set
    College Accounting Study Set 2
  4. Exam
    Exam 14: Notes Receivable and Notes Payable
  5. Question
    When an Account Receivable Is Exchanged for a Note Receivable
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When an Account Receivable Is Exchanged for a Note Receivable

Question 40

Question 40

True/False

When an account receivable is exchanged for a note receivable, a shift in liability occurs.

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