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  3. Study Set
    Accounting What the Numbers Mean Study Set 1
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    Exam 7: Accounting for and Presentation of Liabilities
  5. Question
    A Transaction That Is Likely to Cause an Increase in a Current
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A Transaction That Is Likely to Cause an Increase in a Current

Question 18

Question 18

Multiple Choice

A transaction that is likely to cause an increase in a current liability is:


A) payment of accrued wages.
B) accrual of interest expense.
C) depreciation of equipment.
D) accrual of bad debts expense.

Correct Answer:

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