When a Company Receives a Utility Bill but Will Not

question 9

Multiple Choice

When a company receives a utility bill but will not pay it right away, it should

• A)debit Utilities Expense and credit Accounts Receivable.
• B)debit Utilities Expense and credit Accounts Payable.
• C)debit Accounts Payable and credit Utilities Expense.
• D)make no entry until the bill is paid.

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Definitions:

Own Emotions

An individual's personal feelings or affective states.

Fake Expressions

Facial expressions that are deliberately made to convey a particular emotion that is not genuinely felt by the person making the expression.

Real Emotions

Genuine feelings that reflect one's true emotional state, as opposed to feigned or suppressed emotions.

Facial Expressions

The movements of the face that convey emotional states, intentions, or reactions to stimuli.