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    Desktop A Complete Course
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    Exam 4: General Accounting and End-Of- Period Procedures: Service Business
  5. Question
    9 When Paying for Insurance Using the Accrual-Basis of Accounting
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9 When Paying for Insurance Using the Accrual-Basis of Accounting

Question 3

Question 3

True/False

9 When paying for insurance using the accrual-basis of accounting, you debit the expense account in the General Journal.

Correct Answer:

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