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The centrality-lethality rule states that
Utilities Expense
The cost incurred by a business for the consumption of utilities services like electricity, gas, water, and sewage.
Accounts Payable
Liability accounts representing the amounts owed by a company to its suppliers or creditors for goods and services received.
General Journal
A journal used in accounting that records all day-to-day financial transactions in chronological order.
Unearned Legal Fees Revenue
Revenue recognized for legal services not yet provided; it is recorded as a liability until the service is delivered.
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