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Use the figure above to answer the following questions.
-The letter "C" above represents
Cash Paid
The total amount of cash disbursed by a company for various purposes, such as operating expenses, acquisitions, or investments.
Prepaid Expenses
Expenses paid for in advance and recorded as assets before they are used or consumed.
Accrued Expenses
Costs that a company has incurred but hasn't paid for yet, which show up as liabilities on the balance sheet.
Unadjusted Trial Balance
A list showing the balances of all ledger accounts before any adjustments are made, used as the first step in preparing financial statements.
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