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An expense incurred in 2013 is not paid until 2014. Using the accrual basis of accounting, the expense should appear on: a. the 2014
An expense incurred in 2013 is not paid until 2014. Using the accrual basis of accounting, the expense should appear on: a. the 2014 income statement O b. the 2013 income statement c. both the 2013 and 2014 income statements O d. neither the 2013 nor 2014 income statement
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