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Accounting journal entry received utility bill, the bill was not paid?
eraserrain
Apr 28, 2011, 03:37 PM
November 30: Received the utility bill for November, $350. The bill was not paid
pready
Apr 28, 2011, 04:20 PM
Debit Utility Expense for the amount
Credit Accounts Payable (or Utility Payable) for the amount