Entity H received a cellphone bill that it paid immediately. The journal entry to record...
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Accounting
Entity H received a cellphone bill that it paid immediately. The journal entry to record this transaction will include:
| a debit to Prepaid Utilities and a credit Cash | ||
| a debit to Utility Expense and a credit to Accounts Payable | ||
| a debit to Utility Expense and a credit to Cash | ||
| a debit to Prepaid Utilities and a credit to Accounts Payable |
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