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    Financial Accounting Study Set 11
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    Exam 3: Accrual Accounting Income
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    A Journal Entry Contains a Debit to a Liability Account
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A Journal Entry Contains a Debit to a Liability Account

Question 127

Question 127

Multiple Choice

A journal entry contains a debit to a liability account and a credit to a revenue account.This is an example of a(n) :


A) accrued expense.
B) deferred expense.
C) unearned revenue.
D) accrued revenue.

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