Which of the following statements about accounts receivable is false? Group of answer choices ...
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Which of the following statements about accounts receivable is false? Group of answer choices Accounts receivable are amounts customers owe on account. Accounts receivable results from the sale of goods or services in the normal course of operations. Businesses generally expect to collect on accounts receivable within days. All of these statements about accounts receivable are true. Businesses generally collect interest charged to customers on their accounts receivable.
Which of the following statements about accounts receivable is false?
Group of answer choices
Accounts receivable are amounts customers owe on account.
Accounts receivable results from the sale of goods or services in the normal course of operations.
Businesses generally expect to collect on accounts receivable within days.
All of these statements about accounts receivable are true.
Businesses generally collect interest charged to customers on their accounts receivable.
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