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Author Question: Cost means the cash or cash equivalent amount sacrificed to acquire an asset. Indicate whether ... (Read 114 times)

sdfghj

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on: Jul 5, 2018
Cost means the cash or cash equivalent amount sacrificed to acquire an asset.
 
  Indicate whether the statement is true or false

Question 2

A customer's check received in settlement of an account receivable is considered cash.
 a. True
  b. False
 
   Indicate whether the statement is true or false


kalskdjl1212

  • Sr. Member
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Reply #1 on: Jul 5, 2018
Answer to Question 1

TRUE

Answer to Question 2

True


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