contestada

Edison Consulting received a $310 utilities bill and immediately paid it. Edison's general journal entry to record this transaction will include a: Multiple Choice Debit to Utilities Expense for $310. Credit to Accounts Payable for $310. Debit to Cash for $310. Credit to Utilities Expense for $310. Debit to Accounts Payable for $310.

Respuesta :

Parrain

Based on the amount received and the account it was, the corresponding entry will be Debit to Utilities Expense for $310.

How to treat expenses

Expenses are treated as a debit in the books which means that when expenses increase, they are debited to their relevant accounts.

As an expense of utilities was received in this scenario, it will have to be debited to the Utilities account.

In conclusion, option A is correct.

Find out more on expenses at https://brainly.com/question/25607894.

Otras preguntas