Question: E Simona Ltd's operating cycle is 1 year. How would the following receivables be classied on the statement of nancial position? {a} Trade debtor account

E Simona Ltd's operating cycle is 1 year. How would the following receivables be classied on the statement of nancial position? {a} Trade debtor account of $500 000, of which ?'0% is due within 1 month with the balance due in 18 months. (b) A 90day promissory

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