Mathematics, 12.02.2022 20:30 fatherbamboo
Which statement is true about liabilities but not expenses
A. They have a normal debit balance.
B. They are due in the period they are incurred.
C. They are on the company’s income statement
D. They are recorded when owed
Answers: 2
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Which statement is true about liabilities but not expenses
A. They have a normal debit balance.
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