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When a company receives a utility bill but will not pay it right away, it should Question 8 Select one: a . debit Utilities Expense
When a company receives a utility bill but will not pay it right away, it should
Question Select one:
a
debit Utilities Expense and credit Accounts Payable.
cross out
b
make no entry until the bill is paid.
cross out
c
debit Utilities Expense and credit Accounts Receivable.
cross out
d
debit Accounts Payable and credit Utilities Expense.
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