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Which of the following accounts is used to record an accrual for expenses? 1) Accounts Receivable 2) Unearned Revenue 3) Interest Payable 4) Prepaid Rent
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Which of the following accounts is used to record an accrual for expenses?

1) Accounts Receivable
2) Unearned Revenue
3) Interest Payable
4) Prepaid Rent

User TobyG
by
8.3k points

1 Answer

4 votes

Final answer:

Interest Payable is the account used to record an accrual for expenses.

Step-by-step explanation:

The account that is used to record an accrual for expenses is Interest Payable.

User Burbas
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