Which of the following statements is false? a . Receivables include equity securities purchased by the company.

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Which of the following statements is false?
a. Receivables include equity securities purchased by the company.
b. Receivables include credit card receivables.
c. Receivables include amounts owed by employees as a result of company loans to employees.
d. Receivables include amounts resulting from transactions with customers.

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Accounting Principles

ISBN: 9781119707110

14th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell

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