Identify the accounting concept or principle that gives the most direction on how to account...
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Accounting
Identify the accounting concept or principle that gives the most direction on how to account for each of the following situations: Accounting Concept or Principle a A utility bill is received on December and will be paid next year. When should the company record utility expense? 
Identify the accounting concept or principle that gives the most direction on how to account for each of the following situations:
Accounting Concept or Principle
a A utility bill is received on December and will be paid next year. When should the
company record utility expense?
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