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To ensure receivables are not overstated on the statement of financial position, they are reported at gross amount at their carrying amount less interest
To ensure receivables are not overstated on the statement of financial position, they are reported at gross amount at their carrying amount less interest revenue, if any plus bank charges expense, if any None of the above
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
16th edition
1118742974, 978-1118743201, 1118743202, 978-1118742976
