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    Amenay's Avatar
    Amenay Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Dec 11, 2007, 10:54 AM
    Debit or credit
    What is the transaction if the office receive the water bill?
    Smith21000's Avatar
    Smith21000 Posts: 69, Reputation: 9
    Junior Member
    		  
    #2

    Dec 11, 2007, 12:51 PM
    DR: Water/Utilities (Expense)
    CR: Accounts Payable
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