Question: What is an accrued expense? Select one: a . An expense that does not require an adjusting entry b . An expense that has already

What is an accrued expense?
Select one:
a. An expense that does not require an adjusting entry
b. An expense that has already been recorded as a prepaid asset
c. An expense incurred but not yet recorded
d. An expense that has been paid in advance
Clear my choice

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