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  2. Topic
    Business
  3. Study Set
    Using Financial Accounting
  4. Exam
    Exam 9: Current Liabilities, Contingencies, and the Time Value of Money
  5. Question
    When a Liability Is Accrued,the Account Debited in the Transaction
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When a Liability Is Accrued,the Account Debited in the Transaction

Question 43

Question 43

True/False

When a liability is accrued,the account debited in the transaction is a stockholders' equity account.

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