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Which of the following statements is not true?Group of answer choicesA firm's mortgages would appear on the asset side of its balance sheet.Cash and cash

Which of the following statements is not true?Group of answer choicesA firm's mortgages would appear on the asset side of its balance sheet.Cash and cash equivalents are defined as: deposits in banks plus short-term investments.Another term for accounts receivable is trade credit.A firm's accounts receivable is debt owed to them by other firms.

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