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How does receiving an electric bill (to be paid next month) for electricity already consumed affect the accounting equation? A) liabilities increase; stockholders' equity
How does receiving an electric bill (to be paid next month) for electricity already consumed affect the accounting equation? A) liabilities increase; stockholders' equity increases B) assets decrease; stockholders' equity decreases C) assets increase; liabilities increase D) liabilities increase; stockholders' equity decreases
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