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    Exam 16: Liabilities
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    What Type of Accounts Are
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What Type of Accounts Are

Question 28

Question 28

Multiple Choice

What type of accounts are:
I. Warranty expense; and
II. Provision for warranties


A) I. Expense; II. Equity
B) I. Expense; II Asset
C) I. Expense; II. Liability
D) I. Liability; II. Expense

Correct Answer:

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