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:

Reports

Formal written accounts or statements describing the findings of an investigation or research.

Websites

Online platforms or locations, accessible via the internet, that provide information, resources, or services.

Newspapers

Periodical publications containing written information about current events, news, articles, and advertisements.

Preparing Report

The process of gathering and analyzing information on a specific topic or activity and presenting it in written or oral format.