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When a company expenses 100.0 in taxes but pays 80.0 only in cash to the tax authorities, which of the following balance sheet accounts are
When a company expenses 100.0 in taxes but pays 80.0 only in cash to the tax authorities, which of the following balance sheet accounts are likely to change?
Select one:
Retained earnings, cash and accounts payables
Retained earnings, cash and taxes payables
Cash, tax expense and taxes payables
Cash, receivables and retained earnings
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