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Which is accrued liabilities represent

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Reference no: EM132685258

Problem 1: Accrued liabilities represent:

Multiple Choice

Option 1: income that has not yet been recognized on the income statement.

Option 2: expenses that have not yet been recognized on the income statement.

Option 3: expenses that have been recognized on the income statement but not yet been paid.

Option 4: income that has been recognized on the income statement but not yet collected.

Reference no: EM132685258

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