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Question 1 (1 point) Liquidity measures how easily assets can be converted to another asset or be used to pay for services or obligations. O

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Question 1 (1 point) Liquidity measures how easily assets can be converted to another asset or be used to pay for services or obligations. O True O False accepting submissions until Thursday, August 6, 2020 at 5:00 pm Show instructions Question 1 of 56 1 Page 1 of 56 Question 1 (3 points) XYZ compnay was sold for $100,000. The new owner recived net assets worth $90,000. What journal entry would the new owner pass in regrads to goodwill? Next Page October

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