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When the telephone bill for this period is paid Telephone Expense is debit and Cash is credited. Telephone Expense is credited, and Cash is debited
When the telephone bill for this period is paid Telephone Expense is debit and Cash is credited. Telephone Expense is credited, and Cash is debited Telephone Expense is debited and Accounts Payable is credited O Accounts Payable is credited and Telephone Expense is debited.
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