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1. What are the three classifications of teceivables? 2. What kind of an account (asset, leability, etc) is Allowance for Doubtful Accounts, and is its
1. What are the three classifications of teceivables? 2. What kind of an account (asset, leability, etc) is Allowance for Doubtful Accounts, and is its normal balance a debit or a credit? 3. If a note provides for payment of principat of $85,000 and interost at the rate of 6%, wil the interest amount to 55 , 100? Explaim
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