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Which of the following is not true. An accrual is: Recording expenses that have not been previously recorded. The vacation pay payable owed to employees

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Which of the following is not true. An accrual is: Recording expenses that have not been previously recorded. The vacation pay payable owed to employees that have been recorded from previous paycheques An entry that must include a Payables (vendor) or a Receivables (customer). Recording revenue that has not been previously recorded

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