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When a company pays utilities of $1,720 in cash, the transaction is recorded as:?

When a company pays utilities of $1,720 in cash, the transaction is recorded as:?
asked 47.5k views
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When a company pays utilities of $1,720 in cash, the transaction is recorded as:?

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User Shiree
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1 Answer

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Debit utilities expense $1,710, credit cash $1,710.
answered
User Patryk Rudnicki
by
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