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Find the Matching Number from Among the Choices Listed Atbottom

question 6

Multiple Choice

Find the matching number from among the choices listed atbottom. You may use choices more than once, and be aware that there are more choices than you will use.
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Definitions:

Prepaid Items

Expenses paid in advance for goods or services to be received or used in the future, such as insurance or rent.

Accrued Expenses

Costs that have been incurred but not yet paid or documented in the accounting records during a specific accounting period.

Liability Accounts

Financial accounting records that represent the obligations or debts a company owes to others.

Expense Accounts

Accounts used to track and categorize money spent by a company in conducting its operations.

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