Better Advice,a Service Company,uses Reversing Entries $$\begin{array} { | l | r | r | } \hline \text { Utility expense } & 650 & \\\hline \text { Accounts payable } & & 650 \\\hline\end{array}$$

Multiple Choice

Better Advice,a service company,uses reversing entries.On March 31,they posted the following adjusting entry to accrue utility expenses: $$\begin{array} { | l | r | r | } \hline \text { Utility expense } & 650 & \\\hline \text { Accounts payable } & & 650 \\\hline\end{array}$$ Which of the following represents the proper reversing entry to be posted on April 1?

A) $$\begin{array} { | l | r | r | } \hline \text { Accounts payable } & 650 & \\\hline \text { Utility expense } & & 650 \\\hline\end{array}$$
B) $$\begin{array} { | l | r | r | } \hline \text { Utility expense } & 650 & \\\hline \text { Accounts payable } & & 650 \\\hline\end{array}$$
C) $$\begin{array} { | l | r | r | } \hline \text { Cash } & 650 & \\\hline \text { Utility expense } & & 650 \\\hline\end{array}$$
D) $$\begin{array} { | l | r | r | } \hline \text { Utility expense } & 650 & \\\hline \text { Accounts receivable } & & 650 \\\hline\end{array}$$