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Given the Following Information from Leo Company, What Would the Current

Question 1

Multiple Choice

Given the following information from Leo Company, what would the current assets section of the balance sheet include? Given the following information from Leo Company, what would the current assets section of the balance sheet include? A) Cash $36,000; Accounts Receivable $12,000 B) Cash & Cash Equivalents $48,000 C) Cash $31,000; Accounts Receivable $12,000 D) Cash $24,000; Cash Equivalents $12,000; Accounts Receivable $12,000


A) Cash $36,000; Accounts Receivable $12,000
B) Cash & Cash Equivalents $48,000
C) Cash $31,000; Accounts Receivable $12,000
D) Cash $24,000; Cash Equivalents $12,000; Accounts Receivable $12,000

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