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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: Scott Company paid
For the following transaction, answer the questions that follow in accordance with the rules of journalizing and the double-entry accounting system: Transaction: Scott Company paid current utility bill of $1,800. Which two accounts are affected? Choose one Choose one What kind of accounts are they Choose one Choose one Do the account balances Increase Decrease Increase Decrease increase or decrease? Do we debit credit the Debit Credit Debit Credit accounts
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