Solved

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

Question 119

Multiple Choice

J. Brown Consulting immediately 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)  Utilities Experise 500 Cash 500\begin{array} { | l | r | r | } \hline \text { Utilities Experise } & 500 \\\hline \text { Cash } & & 500 \\\hline\end{array}
B)  Cash 500 Utilities Expense 500\begin{array} { | l | r | r | } \hline \text { Cash } & 500 \\\hline \text { Utilities Expense } & & 500 \\\hline\end{array}
C)  Cash 500 Accounts Payable 500\begin{array}{|l|r|r|}\hline \text { Cash } & 500 & \\\hline \text { Accounts Payable } & & 500 \\\hline\end{array}
D)  Utilities Experise 500 Accourts Payable 500\begin{array} { | l | r | r | } \hline \text { Utilities Experise } & 500 \\\hline \text { Accourts Payable } & & 500 \\\hline\end{array}
E)  Prepaid Utilities 500 Accounts Payable 500\begin{array}{|l|r|r|}\hline \text { Prepaid Utilities } & 500 & \\\hline \text { Accounts Payable } & & 500 \\\hline\end{array}

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents