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O'Rourke Co $90,000\quad\quad\quad \$ 90,000 Less: Note Payable 40,000 \quad\quad\quad\quad\quad\quad\quad \underline{40,000}

question 52

Multiple Choice

O'Rourke Co.reports assigned accounts receivable of $90, 000 that relate to an unpaid note payable of $40, 000.Correct balance sheet disclosure is

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Grit

A quality that involves persistence, determination, and resilience in the pursuit of long-term goals despite challenges or failures.

Motivation

A need or desire that energizes and directs behavior.

Eugenics

The science of improving a human population by controlled breeding to increase the occurrence of desirable heritable characteristics.

Intellectual Functioning

The capacity of the mind to think, learn, and understand effectively and efficiently.

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