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Today, Nathaniel Letters, Inc., pays off a $500 telephone bill. When it had received the telephone bill last week, it had properly accrued it on
Today, Nathaniel Letters, Inc., pays off a $500 telephone bill. When it had received the telephone bill last week, it had properly accrued it on its books. When Nathaniel Letters, Inc., correctly records today's payment of the telephone bill in its general journal, correctly match the effect of this transaction on each of these types of Choose ] Choose ] No change There is not enough information to determine the Increase Decrease Liabilities Expenses [Choose ] Revenues [Choose ]
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