asked 57.5k views
5 votes
It's the end of the accounting period and no electric bill has been received (but expense has been incurred. ; you should record and entry that

2 Answers

4 votes
You should make note of the fact that no bill was received but you did make the payment. 
answered
User Shelita
by
8.1k points
4 votes
The correct answer to your question is "Increases the total liabilities and Increases the total expenses."
answered
User TheMukhiddin
by
8.0k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.