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O credit operations principle Question 8 At the time Rico's Restaurant Supply prepared its financial statements, it had several customers who bought goods over the
O credit operations principle Question 8 At the time Rico's Restaurant Supply prepared its financial statements, it had several customers who bought goods over the past three months on its "90 days same as cash" credit plan. These customers had not yet paid their bills, but they have good credit ratings and Rico's is confident that they will make their payments on time. The amount these credit customers owe would show up as part of the O a deferred cash flow on Rico's statement of cash flows. O unrealized revenue reported on Rico's income statement. O current assets listed on Rico's balance sheet. O current liabilities listed on Rico's balance sheet. Question 9 A comparison of bookkeeping and accounting indicates that tica O bookkeeping is more useful for small businesses while accounting is more useful for large businesses Esc 4- Tab J+ 2 K4 #3 Q ST Caps Lock T % D L5 WE A Shift 88 C R r. S D
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