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gOOvER gOOvER
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6 years ago
A business receives its bill for utilities for the current month that it plans to pay next month when the payment is due. This transaction causes:
A) an increase in both assets and owner's equity.
B) a decrease in both owner's equity and liabilities.
C) an increase in both assets and liabilities.
D) an increase in liabilities and a decrease in owner's equity.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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HanoiHanoi
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#1
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6 years ago
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gOOvER Author
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6 years ago
Brilliant ツ
einstein
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Yesterday
Smart ... Thanks!
erimis
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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