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Received a electricity bill on May 31 for $780. The bill will be paid in early June. a) Increase liabilities b) Increase equity c) Decrease

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Received a electricity bill on May 31 for $780. The bill will be paid in early June. a) Increase liabilities b) Increase equity c) Decrease liabilities d) Decrease assets e) Decrease equity f) Increase assets g) This is an event, not a transaction

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