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Topic: FAR big Question (

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syousuf
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Joined: 18 Apr 2008
Location: Saudi Arabia
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Posted: 07 Oct 2010 at 10:27 \| IP Logged

Am able to understand the concept but while doing Mcq's am not able to trace out which is the correct answer.For ex:On Merf's April 30,1993 balance sheet a note receivable was reported as a noncurrent asset and its accrued interest for eight months was reported as a current asset.Which of the following terms would fit Merf's note receivable?
Now the problem is that in text there is no such explanation in receivables part.

tho9504
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Joined: 25 Nov 2009
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Posted: 07 Oct 2010 at 15:28 \| IP Logged

What were the terms or Multiple choices given?

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