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A business receives its bill for utilities for the current month that it plans to pay next month. This transaction causes: O an increase in

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A business receives its bill for utilities for the current month that it plans to pay next month. This transaction causes: O an increase in both assets and liabilities O an increase in liabilities and a decrease in shareholder's equity O an increase in both assets and shareholder's equity O a decrease in both shareholder's equity and liabilities Previous

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