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    Accounting Study Set 1
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    Exam 9: Receivables
  5. Question
    Accounts Receivable Are Usually Collected Within a Short Period of Time
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Accounts Receivable Are Usually Collected Within a Short Period of Time

Question 228

Question 228

True/False

Accounts receivable are usually collected within a short period of time and are therefore reported as a current liability on the balance sheet.

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