Anna Conda Landscaping service received a bill for the utilities used during September. The bill will be paid in October. The journal entry to record the utility bill received is:

Question

Quizplus · Accepted Answer

This is the correct journal entry to record the utility bill received, as it debits Utilities Expense (an expense account) and credits Accounts Payable (a liability account), reflecting the amount owed to the utility company that will be paid in the future. Option B would be incorrect as the bill has not yet been paid, and Option C and D do not correctly record the transaction.

Anna Conda Landscaping Service Received a Bill for the Utilities