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Home Q & A Board Other Fields Homework Help Business Accounting
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Fast2F Fast2F
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7 years ago
It's the end of the accounting period and no electric bill has been received (but the expense has been incurred); you should record an entry that:
A) increases the total liabilities and increases the total expenses.
B) decreases the total liabilities and increases the total expenses.
C) decreases the total assets and increases the total expenses.
D) increases the total assets and increases the total expenses.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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LaffioLaffio
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7 years ago
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Fast2F Author
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7 years ago
Good timing, thanks!
Shassta22
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Yesterday
This site is awesome
mikey3091
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2 hours ago
Helped a lot
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