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What is the journal entry if you receive a utility bill, and the bill will be paid at a later date: A) No journal entry

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What is the journal entry if you receive a utility bill, and the bill will be paid at a later date: A) No journal entry required, until payment is made. B) Dr. Utility Expense, Cr. Cash C) Dr. Utility Expense, Cr. Utility Payable D) Dr. Utility Payable, Cr. Utility Expense

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