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    Fundamentals of Financial Accounting Study Set 5
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    Exam 10: Reporting and Interpreting Liabilities
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    Which of the Following Accounts Could Have a Non-Zero Balance
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Which of the Following Accounts Could Have a Non-Zero Balance

Question 91

Question 91

Multiple Choice

Which of the following accounts could have a non-zero balance on a post-closing trial balance?


A) Dividends declared
B) Premium on bonds payable
C) Income tax expense
D) Interest expense

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