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Q: Metzger Company compiled the following financial information as of December 31, 2010: Revenues $140,000 Metzger, Capital
(1/1/10) 70,000 Equipment 40,000 Expenses 125,000 Cash 35,000 Metzger, Drawings 10,000 Supplies 5,000 Accounts payable 20,000 Accounts receivable 15,000 Metzger's assets on December 31, 2010 are $95,000. $170,000. $235,000. $80,000.
A: Metzger Company compiled the following financial information as of December 31, 2010: Revenues $140,000 Metzger, Capital (1/1/10) 70,000 Equipment 40,000 Expenses 125,000 Cash 35,000 Metzger, [ Drawings 10,000 Supplies 5,000 Accounts payable 20,000 Accounts receivable 15,000 Metzger's assets on December 31, 2010 are
$235,000. $170,000. $80,000. $95,000 ]
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User: Metzger Company compiled the following financial information as of December 31, 2010: Revenues $140,000 Metzger, Capital (1/1/10) 70,000 Equipment 40,000 Expenses 125,000 Cash 35,000 Metzger, Drawings 10,000 Supplies 5,000 Accounts payable 20,000 Accounts receivable 15,000 Metzger's assets on December 31, 2010 are $95,000. $170,000. $235,000. $80,000.

Weegy: Metzger Company compiled the following financial information as of December 31, 2010: Revenues $140,000 Metzger, Capital (1/1/10) 70,000 Equipment 40,000 Expenses 125,000 Cash 35,000 Metzger, [ Drawings 10,000 Supplies 5,000 Accounts payable 20,000 Accounts receivable 15,000 Metzger's assets on December 31, 2010 are $235,000. $170,000. $80,000. $95,000 ]
keecin|Points 82|

User: Metzger Company compiled the following financial information as of December 31, 2010: Revenues $140,000 Metzger, Capital (1/1/10) 70,000 Equipment 40,000 Expenses 125,000 Cash 35,000 Metzger, Drawings 10,000 Supplies 5,000 Accounts payable 20,000 Accounts receivable 15,000 Metzger's assets on December 31, 2010 are what?

Weegy: Metzger Company compiled the following financial information as of December 31, 2010: Revenues $140,000 Metzger, Capital (1/1/10) 70,000 Equipment 40,000 Expenses 125,000 Cash 35,000 Metzger, [ Drawings 10,000 Supplies 5,000 Accounts payable 20,000 Accounts receivable 15,000 Metzger's assets on December 31, 2010 are $235,000. $170,000. $80,000. $95,000 ]
keecin|Points 82|

User: Is "accounts receivable" an asset in accounting?

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Asked 10/29/2011 10:31:55 AM
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