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    Exam 2: Recording Business Transactions
  5. Question
    An Amount Owed but Not Paid Is Called A(n)
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An Amount Owed but Not Paid Is Called A(n)

Question 106

Question 106

Multiple Choice

An amount owed but not paid is called a(n) :


A) prepaid expense.
B) adjusted liability.
C) accrued liability.
D) note receivable.

Correct Answer:

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