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Question 19 On December 31, King Company estimates the utility expense for December to be $520. The bill will not be received and paid until

Question 19

On December 31, King Company estimates the utility expense for December to be $520. The bill will not be received and paid until January.

Required:

Journalize the adjusting entry on December 31.

Date Account Title Debit Credit

Dec.31

Provides information about entering answers.

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