A company paid its electricity expense. Which accounts would be debited, and which would be credited? A.
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A company paid its electricity expense. Which accounts would be debited, and which would be credited?
A. Debit Electricity Expense, and credit Retained Earnings.
B. Debit Electricity Expense, and credit Cash.
C. Debit Occupancy Expense, and credit Accounts Payable.
D. None of the above
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