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Because utilities for September are due on the first days of October, the manager wishes to remove the expense from September and record it in
Because utilities for September are due on the first days of October, the manager wishes to remove the expense from September and record it in the following month, when it is paid.
Multiple Choice
This violates the matching costs, expenses, and income principle, but complies with the accrual principle.
This violates the matching costs, expenses, and income principle, and the accrual principle.
This complies with the matching costs, expenses, and income principle, but violates the accrual principle.
This complies with the matching costs, expenses, and income principle, and the accrual principle.
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