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During the most recent month, your business received a bill for utilities used. The bill won't be paid until the 15th of the following month.

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During the most recent month, your business received a bill for utilities used. The bill won't be paid until the 15th of the following month. What two accounts should be affected on your books in the month the utility bill is received? an asset or contra asset account and an expense account. a liability account and an expense account. a receivable account and a revenue account. a liability account and an asset account

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