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  3. which of the following statements about the balanc

Which of the following statements about the balance sheet is correct? (Points : 2) Bank...

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Accounting

Which of the following statements about the balance sheet is correct? (Points : 2) Bank debt could be reported in both the current liability section, and the non-current liability section Cash restricted for future pension payments is reported in the cash and cash equivalents balance Property, Plant & equipment is usually reported at fair market value Other comprehensive income is reported under long-term liabilities Straight line depreciation is the only acceptable depreciation method under GAAP

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