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Tesy Tesy
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6 years ago
An account receivable represents
A) a nonphysical asset, such as a patent or trademark, that has economic value in the form of expected benefit.
B) an expense, such as rent, that is paid before the upcoming period in which it is due.
C) an asset that can or will be converted to cash within the following year.
D) an asset with long-term use or value, such as land, buildings, and equipment.
E) an amount due from a customer who has purchased goods on credit.
Textbook 
Business Essentials, Canadian Edition

Business Essentials, Canadian Edition


Edition: 8th
Authors:
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CavenCaven
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6 years ago
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