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

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