Question: How do accrual adjustments affect liabilities and expenses? Multiple Choice Accrual adjustments can increase liabilities and increase expenses. Accrual adjustments can increase liabilities and decrease

How do accrual adjustments affect liabilities and expenses? Multiple Choice Accrual adjustments can increase liabilities and increase expenses. Accrual adjustments can increase liabilities and decrease expenses. Accrual adjustments can decrease liabilities and decrease expenses. Accrual adjustments can decrease liabilities and increase expenses

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