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Your Bost Advisors, a service company, uses reversing entries. On March 31, 2014, they prepared the following adjusting entry to accrue Utilities Expense: Utilities Expense

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Your Bost Advisors, a service company, uses reversing entries. On March 31, 2014, they prepared the following adjusting entry to accrue Utilities Expense: Utilities Expense 900 Accounts Payable 900 Which of the following entries is the correct reversing entry to be prepared on April 1, 2014? Utilities Expense 900 Income Summary 900 Utilities Expense 900 Accounts Receivable 900 Cash 900 Utilities Expense 900 Accounts Payable 900 Utilities Expense 900

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