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Home Q & A Board Other Fields Homework Help Business Accounting
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Tomm Tomm
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6 years ago
A company using the accrual basis of accounting receives its utility bill which will be paid in two weeks. The entry will involve a debit to:
A) Utilities Expense
B) Utilities Payable
C) Prepaid Utilities
D) Prepaid Revenue
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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TheSinTheSin
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6 years ago
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