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    Exam 18: Company Performance: Owners Equity and Financial Position
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    Customer Deposits Would Generally Be Reported on the Balance Sheet
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Customer Deposits Would Generally Be Reported on the Balance Sheet

Question 56

Question 56

Multiple Choice

Customer Deposits would generally be reported on the balance sheet as a(n) :


A) investment
B) current asset
C) current liability
D) long-term liability

Correct Answer:

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