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    Business
  3. Study Set
    Accounting Information for Business Decisions
  4. Exam
    Exam 5: Recording, Storing and Reporting Accounting Information
  5. Question
    The Accounts Receivable Account Tells Us How Much Is Owed
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The Accounts Receivable Account Tells Us How Much Is Owed

Question 47

Question 47

True/False

The accounts receivable account tells us how much is owed in total by debtors, but it does not tell us which debtors owe which amounts.

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