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Which of the following statements concerning receivables is correct? Notes receivable are often listed after short-term investments. Both the gross amount of receivables and
Which of the following statements concerning receivables is correct? Notes receivable are often listed after short-term investments. Both the gross amount of receivables and the allowance for doubtful accounts should be reported. Interest revenue and gain on sale of notes receivable are shown under other revenues and gains. All of these answer choices are correct.
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