Accrued expenses:
A. Are generally paid in services rather than cash.
B. Result from payment before services are received.
C. Result from services received before payment.
D. Are deferred charges to expense.
Answer:C
Accrued expenses:
A. Are generally paid in services rather than cash. B. Result from payment before services are received. C. Result from services received before payment. D. Are deferred charges to expense.