Which of the following items could cause the recognition of accrued liabilities? (a) Sales, interest expense, rent.

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Which of the following items could cause the recognition of accrued liabilities?

(a) Sales, interest expense, rent.

(b) Sales, taxes, interest income.

(c) Salaries, rent, insurance.

(d) Salaries, interest expense, interest income.

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Understanding Financial Statements

ISBN: 9780138114404

12th Edition

Authors: Lyn Fraser, Aileen Ormiston

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