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On July 1 of the current calendar year. Plum Company paid $7,700 cash for management services to be performed over a to Plum would include

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On July 1 of the current calendar year. Plum Company paid $7,700 cash for management services to be performed over a to Plum would include Multiple Choice A debit to a prepaid expense and o credit to an expense for $1,925 A debit to a prepaid expense and a credit to Cash for $5.775 A credit to a liability and a debit to o prepaid expense for $1,925 A debit to an expense and a credit to a prepaid expense for $1.925 A debit to an expense and o credit to a prepaid expense for $5.775 On July 1 of the current calendar year. Plum Company paid $7,700 cash for management services to be performed over a to Plum would include Multiple Choice A debit to a prepaid expense and o credit to an expense for $1,925 A debit to a prepaid expense and a credit to Cash for $5.775 A credit to a liability and a debit to o prepaid expense for $1,925 A debit to an expense and a credit to a prepaid expense for $1.925 A debit to an expense and o credit to a prepaid expense for $5.775

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