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Russell Co

Question 36

Multiple Choice

Russell Co.received a $400 utility bill for the current month's electricity.It is not due until the end of the next month which is when they intend to pay it.Which of the following general journal entries will Russell Co.make to record the receipt of the bill?


A) Russell Co.received a $400 utility bill for the current month's electricity.It is not due until the end of the next month which is when they intend to pay it.Which of the following general journal entries will Russell Co.make to record the receipt of the bill? A) B) C) D) E) No journal entry is required.
B) Russell Co.received a $400 utility bill for the current month's electricity.It is not due until the end of the next month which is when they intend to pay it.Which of the following general journal entries will Russell Co.make to record the receipt of the bill? A) B) C) D) E) No journal entry is required.
C) Russell Co.received a $400 utility bill for the current month's electricity.It is not due until the end of the next month which is when they intend to pay it.Which of the following general journal entries will Russell Co.make to record the receipt of the bill? A) B) C) D) E) No journal entry is required.
D) Russell Co.received a $400 utility bill for the current month's electricity.It is not due until the end of the next month which is when they intend to pay it.Which of the following general journal entries will Russell Co.make to record the receipt of the bill? A) B) C) D) E) No journal entry is required.
E) No journal entry is required.

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