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    Survey of Accounting Study Set 7
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    Exam 2: Basic Accounting Systems: Cash Basis
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    Which of the Following Is Considered to Be a Liability
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Which of the Following Is Considered to Be a Liability

Question 22

Question 22

Multiple Choice

Which of the following is considered to be a liability?


A) Prepaid expenses
B) Investments
C) Unearned revenues
D) Accrued revenues

Correct Answer:

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