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    Financial Accounting
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    Exam 9: Reporting and Analyzing Liabilities
  5. Question
    Both Cash Received and Interest Accrued on Short-Term Bank Loans
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Both Cash Received and Interest Accrued on Short-Term Bank Loans

Question 13

Question 13

True/False

Both cash received and interest accrued on short-term bank loans used to finance seasonal swings in working capital are reported on the balance sheet.

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