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Specify whether the following questions are True or False 4. MasterCard and Visa card drafts are treated as cash received. 5. An asset can be
Specify whether the following questions are True or False
4. MasterCard and Visa card drafts are treated as cash received.
5. An asset can be a future expense.
7. China and glassware are long-lived assets appearing in the Property and Equipment section.
8. Treasury stocks represent s bonds of the United States Government
9. Assets - Equity = Liabilities
10. Capital stock can consist of common and preferred stock.
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