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    Business
  3. Study Set
    Financial Accounting Reporting Analysis
  4. Exam
    Exam 7: Reporting and Analysing Cash and Receivables
  5. Question
    Accounts Receivable Are Reported on the Statement of Financial Position
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Accounts Receivable Are Reported on the Statement of Financial Position

Question 39

Question 39

Multiple Choice

Accounts receivable are reported on the statement of financial position as a/an:


A) liability.
B) equity.
C) asset.
D) revenue.

Correct Answer:

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