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  3. Study Set
    Fundamental Accounting Principles Study Set 1
  4. Exam
    Exam 3: Adjusting Accounts and Preparing Financial Statements
  5. Question
    ________ Refer to Costs Incurred in a Period That Are
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________ Refer to Costs Incurred in a Period That Are

Question 192

Question 192

Short Answer

________ refer to costs incurred in a period that are both unpaid and unrecorded. ________ refer to revenues earned in a period that are both unrecorded and not yet received in cash (or other assets).

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Accrued expenses; ac...

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