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On the Statement of Financial Position, accounts receivable is valued at the:?

A. Original cost when the asset was acquired.

B. Current market value.

C. Amount payable when due.

D. Estimated net realizable value.

Accounting Financial Reporting Financial Transactions CMA Financial Statements
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Question added by Hossam Mohamed , Senior Accountant , Allied Arab Assurance Brokerage
Date Posted: 2015/08/12
Upvote (0) Views (13) Followers (5) Answers (5) Report Question
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Mohammed Asim Nehal
by Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants

d) Estimated net realizable value.

ANDREW ROFAEIL
by ANDREW ROFAEIL , Senior Accountant , OMS HOLDING GROUP

Current Assets if we will collect the money almost one year. Non current Assets if more than one year.

lokesh gudipala
by lokesh gudipala , Senior , B.Mallaiah&Co.,

On the Statement of Financial Position, accounts receivable is valued at the

C.Amount Payable when due

Mahmoud Abdel Fattah
by Mahmoud Abdel Fattah , Senior Accountant acting as “Accounting Manager” , Daikin Middle East & North Africa FZE

the account receivable is valued at the Net realizable price

Mohamed Hakeem Meerashahib
by Mohamed Hakeem Meerashahib , Branch Manager , Sri Lanka State Trading (General) Corporation

A. Original cost when the asset was acquired

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