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Harrison Harrison
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6 years ago
An accrual refers to an event:
A) where the expense or revenue is recorded after the cash settlement
B) where the liability is recorded after the cash settlement
C) where the expense or revenue is recorded before the cash settlement.
D)  where the asset is recorded after the cash settlement
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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6 years ago
C
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