Under which of the following categories would Accounts Receivable appear?

Group of answer choices

Long-term assets

Current liabilities

Long-term liabilities

Current assets

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The balance sheet is the first financial statement that is prepared at the end of the period.

Group of answer choices

True

False

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Salaries Payable, Accounts Payable, and Unearned Revenue are examples of ________.

Group of answer choices

fixed assets

long-term liabilities

current liabilities

short-term investments