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    Business
  3. Study Set
    Auditing Assurance Services
  4. Exam
    Exam 13: Completing tests in the sales and collection cycle: Accounts receivable
  5. Question
    If Accounts Receivable Accounts with Credit Balances Are Significant, They
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If Accounts Receivable Accounts with Credit Balances Are Significant, They

Question 39

Question 39

Multiple Choice

If accounts receivable accounts with credit balances are significant, they should be:


A) corrected by making adjusting entries.
B) reclassified as accounts payable.
C) moved to the debit side.
D) written off.

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