« previous next »

Author Question: The payment of a utility bill (like electricity) for the month would include a. debiting Capital ... (Read 779 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
on: Jul 5, 2018
The payment of a utility bill (like electricity) for the month would include
 a. debiting Capital and crediting Accounts Payable.
   b. debiting Cash and crediting Utilities Expense.
   c. debiting Utilities Expense and crediting Accounts Payable.
   d. debiting Utilities Expense and crediting Cash.

Question 2

For January, budgeted cash payments for purchases are ________.
 
  A) 100,000
  B) 70,000
  C) 65,000
  D) 50,000


leannegxo

  • Sr. Member
  • ****
  • Posts: 374
Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

Answer: C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
Reply #2 on: Jul 5, 2018
Thank you :)


leannegxo

  • Sr. Member
  • ****
  • Posts: 374
Reply #3 on: Jul 5, 2018
Happy to help you


« previous next »
 

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

7 month history of gradual, painless swelling and redness of both eyes 7 month history of gradual, painless swelling and redness of both eyes
Remedies for insomnia include increased physical exercise and time spent outdoors. Remedies for insomnia include increased physical exercise and time spent outdoors.
Mel Chin, Operation Paydirt/Fundred Dollar Bill Project. Mel Chin, Operation Paydirt/Fundred Dollar Bill Project.
With a fortune of $66 billion, Bill Gates, a cofounder of Microsoft Corporation, is the second ... With a fortune of $66 billion, Bill Gates, a cofounder of Microsoft Corporation, is the second ...
A utility knife uses replaceable blades and can cut carpet and other materials. A utility knife uses replaceable blades and can cut carpet and other materials.
The tools necessary to adjust the valves on an engine with adjustable rocker arms include basic hand ... The tools necessary to adjust the valves on an engine with adjustable rocker arms include basic hand ...
Video: ATPase function - membrane transport, contractile proteins and synthesis

For a complete list of videos, visit our video library