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Identify any errors in the following partial balance sheet. The interest receivable should be ____________________________________. The allowance for doubtful accounts should be ____________________________________.

WORD BANK
- added to the notes receivable
- deducted from accounts receivable
- reported separately as a current asset
- shown on the income statement as revenue

Identify any errors in the following partial balance sheet The interest receivable should be The allowance for doubtful accounts should be WORD BANK added to th class=

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lawrencemma2165
The interest receivable should be reported separately as a current asset. The allowance for doubtful accounts should be deducted from accounts receivable.

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