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Homework answers / question archive / a customer pays its receivable in full but a client fails to record cash received from the customer, which of the following account balance assertions related to accounts receivable is misstated? 1

a customer pays its receivable in full but a client fails to record cash received from the customer, which of the following account balance assertions related to accounts receivable is misstated? 1

Accounting

a customer pays its receivable in full but a client fails to record cash received from the customer, which of the following account balance assertions related to accounts receivable is misstated?

1.       Completeness.

2.       Rights and obligations.

3.       Valuation at net realizable value.

4.       Existence

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