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Angelo works for Bailey Inc and is trying to distinguish between assets and liabilities. Bailey Inc's assets can best be described as: present rights to
Angelo works for Bailey Inc and is trying to distinguish between assets and liabilities. Bailey Inc's assets can best be described as:
present rights to economic benefits
cash and promises received in exchange for goodsservices provided
goods and services that have been paid for in advance
the amount of cash that a business expects to collect at some future date
amounts that are owed by an enterprise
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