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) \(\begin{array} { | c | r | r | }
• \hline \text { Prepaid Utilities } & 500 & \\
• \hline \text { Accounts Payable } & & 500 \\
• \hline
• \end{array}\)

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