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Home Q & A Board Other Fields Homework Help Business Accounting
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harra harra
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6 years ago
A liability that arises from an expense that the business has incurred but has not yet paid is called a(n):
A) deferred asset.
B) accrued asset.
C) accrued expense.
D) deferred expense.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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raovatallpyraovatallpy
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6 years ago
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harra Author
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#2
6 years ago
Very timely, excellent answer
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