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In June a company paid $400 for May utilities. Select the entry below to record the cash payment. A. Utilities Payable 400 Cash 400 B.
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In June a company paid $400 for May utilities. Select the entry below to record the cash payment.
A. Utilities Payable 400 Cash 400 B. Prepaid Utilities Expense 400 Cash 400 C. Utilities Expense 400 Utilities Payable 400 D. None of the answer choices provided are correct.
E. Utilities Expense 400 Cash 400
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