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If a company with a current ratio of 2.0 pays $2,000 of its salaries payable, then its current ratio will change, but not enough information

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If a company with a current ratio of 2.0 pays $2,000 of its salaries payable, then its current ratio will change, but not enough information is provided to determine if it will increase or decrease. decrease. remain the same increase. D Question 12 2 pt Under the allowance method of accounting for bad debts, the recognition of bad debt expense increases current assets and decreases net income. decreases current assets and increases net income. increases current assets and net income. decreases current assets and net income

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