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    Horngrens Accounting Study Set 2
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    Exam 9: Receivables
  5. Question
    The Balance Sheet Reports Accounts Receivable At
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The Balance Sheet Reports Accounts Receivable At

Question 117

Question 117

Multiple Choice

The balance sheet reports accounts receivable at:


A) lower-of-cost-or-market.
B) historical cost.
C) fair value.
D) market value.

Correct Answer:

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