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    Financial Accounting Study Set 1
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    Exam 2: The Balance Sheet
  5. Question
    The Accounts Receivable Account
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The Accounts Receivable Account

Question 94

Question 94

Multiple Choice

The Accounts Receivable account:


A) has a normal credit balance.
B) is increased by a debit.
C) is a liability.
D) is increased when a company receives cash from its customers.

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