jacesmokesloud1991 jacesmokesloud1991

27-02-2024
Business

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What would be the effect on December's statement of earnings of a utility bill received on December 27, 20X6 but which will not be paid until January 10, 20X7?
a) Decrease net income for December
b) Increase net income for December
c) No effect on net income for December
d) Increase accounts payable for December

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