J Brown Consulting Paid $500 Cash for Utilities for the Current

question 116

Multiple Choice

J. Brown Consulting paid $500 cash for utilities for the current month. Given the choices below, determine the general journal entry that J. Brown Consulting will make to record this transaction.

• A) \(\begin{array} { | c | r | r | }
• \hline \text { Utilities Expense } & 500 & \\
• \hline \text { Cash } & & 500 \\
• \hline
• \end{array}\)
• B) \(\begin{array} { | c | r | r | }
• \hline \text { Cash } & 500 & \\
• \hline \text { Utilities Expense } & & 500 \\
• \hline
• \end{array}\)
• C) \(\begin{array} { | c | r | r | }
• \hline \text { Cash } & 500 & \\
• \hline \text { Accounts Payable } & & 500 \\
• \hline
• \end{array}\)
• D) \(\begin{array} { | c | r | r | }
• \hline \text { Utilities Expense } & 500 & \\
• \hline \text { Accounts Payable } & & 500 \\
• \hline
• \end{array}\)
• E) \(\begin{array} { | c | r | r | }
• \hline \text { Prepaid Utilities } & 500 & \\
• \hline \text { Accounts Payable } & & 500 \\
• \hline
• \end{array}\)

---

Definitions:

Strategic Alignment

The practice of ensuring that an organization's structure, capabilities, and resources are in line with its business strategy and objectives.

Human Resources Planning

The process of forecasting an organization's future human resources needs and developing strategies to fulfill those needs.

Strategic Planning

The process of defining an organization's direction and making decisions on allocating its resources to pursue this strategy.

HRP Model

Human Resource Planning Model; a strategic process used by organizations to align their human resource needs with their business goals.