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21) Which of the following is an example of an accrual? 21) A) Payment of insurance 8 months in advance. B) Revenue collected in advance

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21) Which of the following is an example of an accrual? 21) A) Payment of insurance 8 months in advance. B) Revenue collected in advance from customer. C) Wages incurred but not yet paid. D) Purchase of equipment for use in the business. E) All of the above

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