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If a $200 Debit to Interest Receivable Was Instead Recorded

Question 8

Multiple Choice

If a $200 debit to Interest Receivable was instead recorded as a $200 debit to Cash:


A) the trial balance would be out of balance by $200.
B) cash flows from investing activities would be overstated by $200.
C) cash flows from operating activities would be overstated by $200.
D) assets would be overstated by $200.

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