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Which of the following is an example of a deferral? Accruing year-end wages Recognizing revenues earned but not yet recorded Recording prepaid rent Recognizing expenses
Which of the following is an example of a deferral?
- Accruing year-end wages
- Recognizing revenues earned but not yet recorded
- Recording prepaid rent
- Recognizing expenses incurred but not yet recorded
- None of the options listed
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