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    Financial Accounting Study Set 26
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    Exam 2: Recording Business Transactions
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    Interest Payable, Income Tax Payable and Salary Payable Are All
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Interest Payable, Income Tax Payable and Salary Payable Are All

Question 60

Question 60

Multiple Choice

Interest payable, income tax payable and salary payable are all examples of:


A) expenses of future periods
B) retained earnings
C) accrued liabilities
D) prepaid expenses

Correct Answer:

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