The journal entry debiting Cash and crediting Capital would be a result of a(n): A. revenue. B.

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The journal entry debiting Cash and crediting Capital would be a result of a(n):

revenue.

investment.

owner withdrawal.

customer payment.

Which of the following entries would record the payment of a utility bill?

Accounts Receivable, debit; Utilities Expense, credit

Utilities Expense, debit; Cash, credit

Utilities Expense, debit; Accounts Payable, credit

Cash, debit; Utilities Expense, credit

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Managerial Accounting

ISBN: 978-0073379586

2010 Edition

Authors: John J. Wild, Ken W. Shaw

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Posted Date: Oct 12, 2022 02:24 AM

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The journal entry debiting Cash and crediting Capital would be a result of a(n): A. revenue. B.

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Managerial Accounting

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