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Which of the Following Economic Events Would Be Captured by an Accrual

Question 81

Multiple Choice

Which of the following economic events would be captured by an accrual accounting system, but not by a cash accounting system?


A) Receipt of payment for a previous sale made on credit.
B) Payment of an amount owing on a previous purchase.
C) Payment of dividends to shareholders.
D) Use of a previously purchased piece of equipment in production.

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