Russell Co

question 36

Multiple Choice

Russell Co.received a $400 utility bill for the current month's electricity.It is not due until the end of the next month which is when they intend to pay it.Which of the following general journal entries will Russell Co.make to record the receipt of the bill?

---

Definitions:

Hazard Pay

Hazard Pay is additional compensation provided to employees for performing work that is dangerous or involves risk.

Wealth

The abundance of valuable financial assets or physical possessions which can be converted into forms that can be used for transactions.

Compensating Differential

The difference in wages that arises from differences in the non-monetary aspects of different jobs, such as risk or desirability.

Coding Sector

The industry segment focused on the development, writing, and implementation of computer software and programs.