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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

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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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