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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 7: Cash and Receivables
  5. Question
    When a Customer Fails to Pay on Their Account, It
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When a Customer Fails to Pay on Their Account, It

Question 113

Question 113

Multiple Choice

When a customer fails to pay on their account, it creates a(n) :


A) note receivable.
B) uncollectible account.
C) account receivable.
D) decrease in revenue.

Correct Answer:

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