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Lethbridge Bank charged service fees to Hutton Ltd for $450. What is the adjusting entry required for this situation? A) DR Bank Service Charges Expense

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Lethbridge Bank charged service fees to Hutton Ltd for $450. What is the adjusting entry required for this situation? A) DR Bank Service Charges Expense $450 CR Cash $450 B) DR Bank Service Charges Expense $450 CR Account Receivable $450 C) DR Account Receivable $450 CR Cash $450 D) NONE

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