Question: What is the correct journal entry for the transaction below? Paid electricity bill for the month (current period) $7,500 What is the correct journal entry

What is the correct journal entry for the transaction below? Paid electricity bill for the month (current period) $7,500
What is the correct journal entry for the transaction below? Paid

What is the correct journal entry for the transaction below? Paid electricity bill for the month (current period) $7,500

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