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3 August, 22:47

An accrual refers to an event where the: 31)

a. expense or revenue is recorded before the cash settlement.

b. asset is recorded only after the cash settlement.

c. expense or revenue is not recorded until the cash settlement.

d. liability is recorded after the cash settlement.

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Answers (1)
  1. 3 August, 22:53
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    The answer is c ...
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