Your Business Advisor,a Consulting Company,uses Reversing Entries $\begin{array}{|l|c|c|}\hline\text { Utilities Expense } & 100 \\\hline \text { Utilities Payable } &&100 \\\hline\end{array}$

Your Business Advisor,a consulting company,uses reversing entries.On March 31,2018,the bookkeeper journalized and posted the following adjusting entry to accrue Utilities Expense: $\begin{array}{|l|c|c|}\hline\text { Utilities Expense } & 100 \\\hline \text { Utilities Payable } &&100 \\\hline\end{array}$ Which of the following entries is the correct reversing entry to be prepared on April 1,2018?

A) $\begin{array}{|l|r|r|}\hline \text { Utilities Payable} &100\\ \hline \text { Utilities Payable} &&100\\\hline \end{array}$

B) $\begin{array}{|c|c|c|}\hline \text { Utilities Expense } & 100 \\\hline \text { Income Summary } & & 100 \\\hline\end{array}$

C) $$\begin{array} { |l | r | r | } \hline \text { Cash } & 100 \\\hline \text { Utilities Expense } & & 100 \\\hline\end{array}$$
D) $\begin{array}{|c|c|c|}\hline \text { Utilities Expense } & 100 \\\hline \text { Accounts Receivable } & & 100 \\\hline\end{array}$