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Alex13
Dec 13, 2007, 08:30 AM
An accounts receivable results from the sale of:
A)Property, plant and equipment for cash
B)Goods and services to customers on account
C)Goods and services to customers for cash.
D)The firm's common stock.
E)None of the above
nicespringgirl
Dec 13, 2007, 09:15 AM
Account Receivable has nothing to do with Cash.
Pay attention to "on account"-key words.

Okay, I amnot telling you the exact answer, but you should know now.
mshangle
Dec 13, 2007, 05:31 PM
the answer is B
Clough
Dec 17, 2007, 07:39 AM
the answer is B

The answer might be "B." But, maybe it's not. How is providing an answer to a student helping them to learn the lesson that they are supposed to be learning? Wouldn't it be wiser to be guiding the student in the path to the correct answer rather than just giving it to them so that they might learn how to arrive at the correct answer?