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What is accrual-basis expenses

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Reference no: EM132545582

Question - Given the following:

Increase in prepaid expense $4

Decrease in unearned revenue $7

Increase in accured expense $9

Cash paid for expenses $50

Required - What is accrual-basis expenses?

a. $45

b. $63

c. $55

d. $52

e. $37

Reference no: EM132545582

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