An "accrued" expense is an expense that: Multiple Choice Sits in the section of current...
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Accounting
An "accrued" expense is an expense that: Multiple Choice Sits in the section of current liabilities called "Accrued Liabilities An expense that does not show in the income statement None of the other alternatives are correct Does not involve real sums of money is estimated because it has been incurred but the cash flow happens later
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