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Which of the following can Victor not recognize as an expense, assuming all relate to his business transactions? Select one: a. Payment of interest on
Which of the following can Victornot recognizeas an expense, assuming all relate to his business transactions?
Select one:
a.
Payment of interest on a loan $200
b.
A suspicion that John will not pay back the $50 that he borrowed from Victor
c.
Use of electricity to which Victor will be invoiced in three months
d.
Victor pay $150 electricity for the last quarter.
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