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A Business Received the Current Month's Utility Bill for $2,125,and

Question 106

Multiple Choice

A business received the current month's utility bill for $2,125,and immediately paid it.Which journal entry is prepared?


A) Debit Accounts Payable for $2,125 and credit Cash for $2,125.
B) Debit Utilities Payable for $2,125 and credit Cash for $2,125.
C) Debit Utilities Expense for $2,125 and credit Cash for $2,125.
D) Debit Operating Expense for $2,125 and credit Accounts Payable for $2,125.

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