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What do an accruals in the financial statements represent? a. purchases that require longer-term funding for the company b. purchases the company has made that

What do an accruals in the financial statements represent?

a. purchases that require longer-term funding for the company

b. purchases the company has made that are recorded in the payables account but that have not yet been paid for

c. purchases the company has made on credit and for which the company has not received the invoices

d. purchases the company intends to make in the next period

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