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Listed Below Are Five Terms Followed by a List of Phrases

Question 134

Multiple Choice

Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the correct term.
-Notes receivable


A) Goods to be sold in the ordinary course of business
B) Insurance premiums paid in advance.
C) Due from customers in the ordinary course of business
D) Formal agreement that specifies customer's payment terms.
E) Liquid investments not classified as cash equivalents.

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