Which of the following accounts includes securities acquired for long-term purposes and capital shares acquired for the purpose of becoming a partner in another business  ?       a) 12 Trade Receivables Account Group  B) 23 Other Receivables Account Group  NS) 22 Trade Receivables Account Group  D) 13 Other Receivables Account Group  TO) 24 Financial Fixed Assets Account

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter10: Auditing Cash, Marketable Securities, And Complex Financial Instruments
Section: Chapter Questions
Problem 28RQSC
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Which of the following accounts includes securities acquired for long-term purposes and capital shares acquired for the purpose of becoming a partner in another business  
 
 
 a)

12 Trade Receivables Account Group

 B)

23 Other Receivables Account Group

 NS) 22 Trade Receivables Account Group
 D)

13 Other Receivables Account Group

 TO)

24 Financial Fixed Assets Account Group

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