Which of the Following Entries Records the Receipt of a Utility

question 208

Multiple Choice

Which of the following entries records the receipt of a utility bill from the water company?

• A) debit Utilities Expense; credit Accounts Payable
• B) debit Utilities Payable; credit Accounts Receivable
• C) debit Accounts Payable; credit Cash
• D) debit Accounts Payable; credit Utilities Payable

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Definitions:

Document Design

The process of creating a document layout that effectively communicates its content to the reader.

Typeface

The physical design of letters, numbers, and other text characters (font and typeface are often used interchangeably, although strictly speaking, a font is a set of characters in a given typeface).

Margins

The blank spaces surrounding the text on a page or the difference between the cost and selling price of goods or services.

Spacing

The distribution of text and objects on a page or in a design, affecting readability and visual appeal.