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An expense occurred in 2013 but it is not paid until 2014. Using the accrual basis of accounting the expense should appear on: A. the

An expense occurred in 2013 but it is not paid until 2014. Using the accrual basis of accounting the expense should appear on:

A. the 2013 income statement 

B. the 2014 income statement 

C. neither the 2013 nor the 2014 income statement 

D. both the 2013 and 2014 income statements

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