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Which of the following transactions that impact current liabilities has a corresponding entry on the income statement? Select one: A. Purchase inventory on credit from
Which of the following transactions that impact current liabilities has a corresponding entry on the income statement?
Select one:
A. Purchase inventory on credit from company XYZ on January 1
B. Payment to XYZ on February 1 for a January 1 purchase
C. Interest accrued on a note payable
D. Payment to employees in March for wages earned in February
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