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Accounting

1. All receivables that are expected to be realized in cash within a year are reported in the __________ section of the balance sheet.

current assets

investments

noncurrent assets

current liabilities

2. The allowance for doubtful accounts is reported as a(n) __________ on the balance sheet.

addition to accounts receivable

deduction from accounts receivable

addition to notes receivable

deduction from trading investments

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M92042475

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