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Pleas answer in True or False 4. A company may have receivables such as loans to employees and interest receivable. 6. The simplest way to

Pleas answer in True or False

4. A company may have receivables such as loans to employees and interest receivable.

6. The simplest way to account for an uncollectible account is to use the allowance method.

10. The formula for the quick ratio is quick assets divided by noncurrent assets.

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