Which of the Following Journal Entries Correctly Records the Receipt $\quad$

question 39

Multiple Choice

Which of the following journal entries correctly records the receipt of a utility bill, which will be paid for in later weeks? A. Utilities payable
$\quad$ Utilities expense
B. Utilities expense
$\quad$ Utilities payable
C. Utilities expense
$\quad$ Retained earnings
D. Retained earnings
$\quad$ Utilities payable

• A) Option A
• B) Option B
• C)Option C
• D)Option D

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Definitions:

Résumé

A document summarizing an individual's background, including education, work experience, skills, and achievements, typically used for job applications.

Former Employers

Previous individuals or organizations for whom someone has worked, providing a reference point for future employment opportunities.

Time Period

A defined duration of time with a specific start and end point.

Analytical Reasoning

The process of analyzing information, identifying patterns, and solving problems through logical thinking.