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StormLrd StormLrd
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6 years ago
What is the liability called that arises from an expense that the business has incurred but has not yet paid?
A) It is known as an unearned expense.
B) It is called a deferred expense.
C) It is called a prepaid expense.
D) It is referred to as an accrued expense.
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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TheSinTheSin
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6 years ago
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2 years ago
thanks
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