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Which accounts receivable are valued and reported

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Reference no: EM132707580

Problem 1: Accounts receivable are valued and reported on the statement of financial position at their:

Group of answer choices

Option 1: face value

Option 2: net realizable value

Option 3: gross realizable value

Option 4: maturity value

Problem 2: Restricted cash may be reported on the balance sheet as:

Group of answer choices

Option 1: current or long-term asset

Option 2: bank overdraft

Option 3: long term asset

Option 4: current asset

Reference no: EM132707580

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