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Which of the following is an example of an accrued expense? a) Rent income recognized at the end of the year to be received in
Which of the following is an example of an accrued expense?
a) Rent income recognized at the end of the year to be received in the first quarter of the next year.
b) Recording depreciation expense.
c) Wages owed at the end of the year to be paid in the first quarter of the next year.
d) Recognizing cost of inventory sold. I think it's C
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