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For the following transaction, answer the questions that follow in accordance with the rules of journalizing and the double-entry accounting system Transaction: Wilson Company received

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For the following transaction, answer the questions that follow in accordance with the rules of journalizing and the double-entry accounting system Transaction: Wilson Company received current utility bill of $900 to be paid next month. Which two accounts are affected? Choose one Choose one Choose one What kind of accounts are they? Choose one Choose one Do the account balances increase or decrease? Increase Decrease Increase Decrease Do we debitor credit the accounts? Debit O Credit Debit O Credit

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