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  3. Study Set
    Century 21 Accounting
  4. Exam
    Exam 27: Additional Accounting Procedures
  5. Question
    A Trade Acceptance Is Similar to a Draft Except a Draft
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A Trade Acceptance Is Similar to a Draft Except a Draft

Question 26

Question 26

True/False

A trade acceptance is similar to a draft except a draft is generally paid by a bank and a trade acceptance is paid by the buyer.

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