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ceelow
ceelow
15.01.2021 • 
Business

Match the transaction to the basis of accounting used by the business. Purchased an auto part worth $1,000 and paid $300. Business records only $300 as the expense. Purchased an auto part worth $1,000 and paid $300. Business records $1,000 as the expense. Paid $250 for prepaid telephone expenses over the next month. Business records it in the current month. Paid $250 for prepaid telephone expenses over the next month. Business records it in the next month.

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