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Which of the following is an example of an accrued liability? Question 1 5 Select one: a . Wages have been earned by employees, but
Which of the following is an example of an accrued liability? Question Select one: a Wages have been earned by employees, but have not been paid at the end of the period. b An insurance policy which expires in a future period has been acquired. c Equipment which will benefit several periods has been purchased. d Supplies are purchases and used over several months.
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