Question: Which statement about a businesss accounts receivable (AR) is true? a. The amount of AR is identified on the balance sheet b. The amount of

Which statement about a business’s accounts receivable (AR) is true?

a. The amount of AR is identified on the balance sheet

b. The amount of AR is identified on the income statement

c. A large amount of AR means a business’s collection efforts are working well

d. A large amount of AR means a business’s’ collection efforts are not working well.

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