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Accounts receivable is classified on the balance sheet as a a. current asset. b. current liability. c. noncurrent asset. d. long-term liability.

Accounts receivable is classified on the balance sheet as a a. current asset. b. current liability. c. noncurrent asset. d. long-term liability.
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22 votes
Accounts receivable is classified on the balance sheet as a

a. current asset.
b. current liability.
c. noncurrent asset.
d. long-term liability.

asked
User Ashok Jeev
by
7.8k points

2 Answers

4 votes

Answer:

a current asset

Step-by-step explanation:

answered
User Mausam Sharma
by
7.8k points
11 votes
A. Accounts receivable is classified on the balance sheet as a current asset
answered
User TheoremOfBeethoven
by
9.1k points
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