Which statement is true about expenses but not liabilities? OA. They are recorded when owed. OB. They have a normal debit balance. O C.They are received in the current period. OD. They are reported on

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asked Dec 21, 2024 153k views

3 votes

Which statement is true about expenses but not liabilities?

OA. They are recorded when owed.
OB. They have a normal debit balance.
O C.They are received in the current period.
OD. They are reported on the company's balance sheet.

Advanced Placement (AP)
college

Neeh asked

by Neeh

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C. They are received in the current period.

Finbar Good answered Dec 27, 2024

by Finbar Good

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