A Company Received a Bill of $3,500 for Utilities Used

question 37

Multiple Choice

A company received a bill of $3,500 for utilities used in the current month.The journal entry to record this would include:

• A)a debit to Accounts receivable for $3,500.
• B)a credit to Accounts payable for $3,500.
• C)a credit to Utilities expense.
• D)No entry would be made until the utilities are paid.

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Definitions:

Death

The cessation of all biological functions that sustain a living organism.

Heart Disease

Heart disease encompasses a range of conditions affecting the heart, including coronary artery disease, heart attacks, arrhythmias, and heart failure.

Physical Exercise

Any bodily activity that enhances or maintains physical fitness and overall health and wellness.

Obesity

Defined as a body mass index measurement of 30 or higher, which is calculated from our weight-to-height ratio. Overweight individuals have a BMI of 25 or higher.