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  3. Study Set
    Fundamental Accounting Principles Study Set 1
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    Exam 9: Accounting for Receivables
  5. Question
    Since Pledged Accounts Receivables Only Serve as Collateral for a Loan
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Since Pledged Accounts Receivables Only Serve as Collateral for a Loan

Question 84

Question 84

True/False

Since pledged accounts receivables only serve as collateral for a loan and are not sold, it is not necessary to disclose the pledging.

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