Determininng the accounts receivable


Accounts receivable appear in the balance sheet

A) As current assets, immediately after cash and cash equivalents.

B) Only if the balance sheet method of estimating uncollectible accounts is used.

C) As either current assets or noncurrent assets, depending on whether the allowance method or the direct write-off method is used to account for uncollectible accounts.

D) As current assets, combined with cash and cash equivalents.

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Accounting Basics: Determininng the accounts receivable
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