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QUESTION ANSWER [ LO 5 ] Which of the following is true regarding cash and cash equivalents? it is a long - term asset on

QUESTION

ANSWER

[

5]

Which of the following is true regarding cash and cash equivalents?

it is a long

-

term asset on the income statement

it is a long

-

term asset on the balance sheet

it is a current asset on the income statement

it is a current asset on the balance sheet

IDON'T KNOWYET

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