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When a business receives an unpaid electricity account, it should: debit Accounts Payable and credit Electricity Expense make no entry until the bill is paid

When a business receives an unpaid electricity account, it should:

debit Accounts Payable and credit Electricity Expense

make no entry until the bill is paid

debit Electricity Expense and credit Accounts Receivable.

debit Electricity Expense and credit Accounts Payable

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