Question: question From the list provided at the right, select the word or phrase that is defined or indicated. 1. Revenue and expense accounts Real (permanent)

question From the list provided at the right, select the word orquestionphrase that is defined or indicated. 1. Revenue and expense accounts Real

From the list provided at the right, select the word or phrase that is defined or indicated. 1. Revenue and expense accounts Real (permanent) accounts An optional step in the accounting cycle. ng entries 3. A revenue collected, but not recognized. 4. A revenue recognized, but not collected. 5. Asset, liability, and equity accounts. 6. An expense paid, but not incurred. 7. An expense incurred, but not paid

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