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    Corporate Financial Accounting Study Set 1
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    Exam 3: Adjustments: Accruals and Deferrals
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    The Cost of Office Supplies to Be Used in Future
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The Cost of Office Supplies to Be Used in Future

Question 81

Question 81

Multiple Choice

The cost of office supplies to be used in future periods is ordinarily shown on the balance sheet as a(n)


A) stockholders' equity
B) asset
C) contra asset
D) liability

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