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A Company Received a Bill of $3,500 for Utilities Used

Question 37

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.

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