Multiple Choice
A company received a bill of $3,500 for utilities used in the current month.The journal entry to record this would include:
A) a debit to Accounts receivable for $3,500.
B) a credit to Accounts payable for $3,500.
C) a credit to Utilities expense.
D) No entry would be made until the utilities are paid.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: Which account is least likely to be
Q33: A dance studio accepts $1,500 to provide
Q35: Which of the following is not true
Q36: Which one of the following would not
Q38: What is the amount of Accounts receivable
Q39: Which of the following is an operating
Q40: Which of the following statements is not
Q42: In January,the Huntington Beach Resort (HBR)accepts your
Q70: This month,Grass is Greener Lawn Service pays
Q96: Sparkling Pools received a bill for $1,200