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Under accrual basis accounting, an expense occurring in 2019 that will be paid in 2020 would: 1) Be reported on the 2019 Balance Sheet. 2)

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Under accrual basis accounting, an expense occurring in 2019 that will be paid in 2020 would: 1) Be reported on the 2019 Balance Sheet. 2) Be reported on the 2020 Balance Sheet. 3) Be reported on the 2019 Income Statement. 4) Be reported on the 2020 Income Statement. Question 8 Wage Expense and Wages Payable are both reported on the Income Statement

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