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16 February, 19:26

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

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  1. 16 February, 22:02
    0
    The correct answer to your question is "Increases the total liabilities and Increases the total expenses."
  2. 16 February, 23:12
    0
    You should make note of the fact that no bill was received but you did make the payment.
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