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Remaining Time: 2 hours, 58 minutes, 24 seconds. Question Completion Status: QUESTION 5 3.2 p Inventory Returns Estimated is a current asset account used in

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Remaining Time: 2 hours, 58 minutes, 24 seconds. Question Completion Status: QUESTION 5 3.2 p Inventory Returns Estimated is a current asset account used in a period-end adjusting entry to reflect the inventory estimated to be returned in the future. True False QUESTION 6 3.2 pol A fiscal year refers to an organization's accounting period that spans twelve consecutive months or 52 weeks True False QUESTION 7 3.2 poin Which of the following is NOT an asset account: O Cash Land Equipment Buildings Services Revenue QUESTION 8 3.2 points Quick assets include cash and cash equivalents, inventory, and current receivables. True False Save All Answers

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