Solved

Wildcat Supply Had a Beginning Balance of $600 in Utilities

Question 45

Multiple Choice

Wildcat Supply had a beginning balance of $600 in Utilities Payable account at the start of the year and an ending balance of $1,000.During the year Wildcat paid $4,000 cash to the utilities company.How much utilities expense was incurred during this year?


A) $4,000
B) $4,400
C) $4,600
D) Can't be determined with the information given

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions