2013年10月13日星期日

If a company receives a utilities bill, is the bill automatically recorded as an accounts payable?

  • online education accounting
  • foreign transaction fee
  • billing accounts payable
In other words, when you receive the bill, do you have to write a journal entry where you debit expenses and credit accounts payable ? Is it considered a transaction that needs to be recorded just by receiving the bill ?

If a company receives a utilities bill, is the bill automatically recorded as an accounts payable?

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