Source documents give evidence of both explicit and implicit transactions.
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Q13: Liabilities are economic resources.
Q14: Liabilities are the entity's economic obligation to
Q16: Entries for expiration of unexpired costs and
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Q18: There is no direct relationship between the
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Q23: Companies must write off research costs as
Q24: Examples of accrued expenses include property taxes
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Q76: An example of an implicit transaction is
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