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What effect does this transaction have on the accounting equation? Received invoice from PG&E for electricity used this past month, to be paid next month.
What effect does this transaction have on the accounting equation? Received invoice from PG&E for electricity used this past month, to be paid next month. Select one: Decrease assets; Decrease liabilities Decrease assets; Decrease equity Increase liabilities; Decrease equity Increase assets; Increase equity Increase an asset; Decrease a different asset Increase assets; Increase liabilities
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