What is the effect of the following business activity on the element indicated? A business...
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Accounting
What is the effect of the following business activity on the element indicated? A business with revenues of $92,460 and expenses of $84,530 accrues for 20% of income taxes. --- Liabilities Question 2 options:
1)
increase to one and decrease to another
2)
no effect
3)
decrease
4)
increase
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