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    Financial Accounting Study Set 7
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    Exam 2: Recording Business Transactions
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    The Accounting Transaction to Record Payment of the Telephone Bill
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The Accounting Transaction to Record Payment of the Telephone Bill

Question 168

Question 168

Multiple Choice

The accounting transaction to record payment of the telephone bill would include a:


A) credit to Cash
B) credit to Accounts Payable
C) credit to Utilities Expense
D) debit to Accounts Receivable

Correct Answer:

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