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Which of the following is not true? Select one: O a. Prepaid revenues are payments received for service rendered in the previous accounting period. O

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Which of the following is not true? Select one: O a. Prepaid revenues are payments received for service rendered in the previous accounting period. O b. Accrued expenses are expenses incurred but not yet paid c. Accrued revenues are revenue earned but not yet received d. Prepaid expenses are expenses paid in advance

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