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please answer im confused Explain if the following statement satisfies the expense definition criteria using the accrual method of accounting. Paid $7,500 to a supplien,

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Explain if the following statement satisfies the expense definition criteria using the accrual method of accounting. "Paid $7,500 to a supplien, for goods that were purchased on credit". Explain if the following statement satisfies the expense definition criteria using the accrual method of accounting. "Paid $7,500 to a supplien, for goods that were purchased on credit

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