5 Jose Consulting paid $780 cash for utilities for the current month. Determine the general journal entry that Jose Consulting will make to record this transaction. Multiple Choice O O O Cash Account Title Utilities Expense Cash Account Title Utilities Expense Accounts Payable Account Title Accounts Payable Account Title Prepaid Utilities Accounts Payable Debit 788 Debit 788 Debit 788 Debit 788 Credit 788 Credit 788 Credit 788 Credit 788

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter17: Advanced Issues In Revenue Recognition
Section: Chapter Questions
Problem 17RE: Using the information provided in RE17-16, prepare the journal entries to record Year 1s (a)...
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LO
5
Jose Consulting paid $780 cash for utilities for the current month. Determine the general Journal entry that Jose Consulting will make to record this transaction.
Multiple Choice
O
O
O
Cash
Account Title
Utilities Expense
Cash
Account Title
Utilities Expense
Accounts Payable
Account Title
Accounts Payable
Account Title
Prepaid Utilities
Accounts Payable.
Debit
788
Debit
788
Debit
788
Debit
788
Credit
788
Credit
788
Credit
788
Credit
788
Transcribed Image Text:LO 5 Jose Consulting paid $780 cash for utilities for the current month. Determine the general Journal entry that Jose Consulting will make to record this transaction. Multiple Choice O O O Cash Account Title Utilities Expense Cash Account Title Utilities Expense Accounts Payable Account Title Accounts Payable Account Title Prepaid Utilities Accounts Payable. Debit 788 Debit 788 Debit 788 Debit 788 Credit 788 Credit 788 Credit 788 Credit 788
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