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goji.go goji.go
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10 years ago
A theater producer's accounting year ends on June 30. Which of the following year-end transactions or events results in an accounting entry referred to as a deferral?
      a.   actors work on June 29 and 30, but are not paid until July 5
      b.   electricity for the month of June is not paid because the bill is not received until July
      c.   "extras" are paid in cash on June 30 for the June 30 performance
      d.   theater-goers pay cash on June 30 for performances that will occur in July and August
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
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9 years ago
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goji.go Author
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#2
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
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#3
9 years ago
You're very welcome!
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