Which entry would record the payment of a utility bill?

A. Debit Utilities Expense; credit Cash

B. Debit Cash; credit Utilities Expense

C. Debit Utilities Expense; credit Accounts Payable

D. Debit Accounts Receivable; credit Utilities Expense

Question

Business

Jazlyn Velasquez

Today, 06:23

Which entry would record the payment of a utility bill?

A. Debit Utilities Expense; credit Cash

B. Debit Cash; credit Utilities Expense

C. Debit Utilities Expense; credit Accounts Payable

D. Debit Accounts Receivable; credit Utilities Expense

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Answers (1)

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Adelaide · Answer 1

I believe the correct answer is A. Debit Utilities Expense; credit Cash.

A utility bill is a type of a bill that you have to pay for the utilities you use monthly around your house, such as water, electricity, gas, telephone, cable, etc. When you pay it, you will see that debit, utilities, expense, credit, and cash would be recorded.

Which entry would record the payment of a utility bill?A. Debit Utilities Expense; credit CashB. Debit Cash; credit Utilities ExpenseC. Debit Utilities Expense; credit Accounts PayableD. Debit Accounts Receivable; credit Utilities Expense

Which entry would record the payment of a utility bill?

A. Debit Utilities Expense; credit Cash

B. Debit Cash; credit Utilities Expense

C. Debit Utilities Expense; credit Accounts Payable

D. Debit Accounts Receivable; credit Utilities Expense