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Question
woodside hospice borrows $10,000 from the bank to make up for a lag in cash flow due to non-collection of a large account receivable. the loan is to be repaid at the end of ninety days, when collection of the account receivable is expected. amblesides loan is classified as:
a. an accounts receivable reserve
b. an accounts payable debit
c. a short-term note payable
d. none of the above
Answer
This answer is hidden. It contains 1 characters.
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