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Help please E3-7 (Algo) Identifying Accrual Basis Expenses [LO 3-1, LO 3-2] Under accrual basis accounting, expenses are recognized when incurred. The following transactions occurred

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E3-7 (Algo) Identifying Accrual Basis Expenses [LO 3-1, LO 3-2] Under accrual basis accounting, expenses are recognized when incurred. The following transactions occurred in January: Required: For each of the transactions, if an expense is to be recognized in January, indicate the amount, (Enter your answers in dollars but not in millions.)

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