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An invoice from a consultant was received for work completed in March 2022 . There was no previous record of the transaction. It will be
An invoice from a consultant was received for work completed in March 2022 . There was no previous record of the transaction. It will be paid in April 2022. In March 2022 which of the following occurred? a. no entry is required until the next accounting period b. a liability increased and an expense increased c. an asset decreased and an expense increased d. an asset decreased and a liability decreased
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