On April 28th, paid OMR 5,000 for utility expenses for the month. The Journal Entry :should be اخترأحد الخيارات a. DEBIT Utilities Expense OMR 5,000 and CREDIT Accounts Payable OMR 5,000 b. None of the answers are correct c. DEBIT Utilities Expense OMR 5,000 and CREDIT Service Revenue OMR 5,000 d. DEBIT Accounts Receivable OMR 5,000 and CREDIT Utilities Expense OMR 5,000 e. DEBIT Utilities Expense OMR 5,000 and CREDIT Cash OMR 5,000
On April 28th, paid OMR 5,000 for utility expenses for the month. The Journal Entry :should be اخترأحد الخيارات a. DEBIT Utilities Expense OMR 5,000 and CREDIT Accounts Payable OMR 5,000 b. None of the answers are correct c. DEBIT Utilities Expense OMR 5,000 and CREDIT Service Revenue OMR 5,000 d. DEBIT Accounts Receivable OMR 5,000 and CREDIT Utilities Expense OMR 5,000 e. DEBIT Utilities Expense OMR 5,000 and CREDIT Cash OMR 5,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:On April 28th, paid OMR 5,000 for utility
expenses for the month. The Journal Entry
:should be
اخترأحد الخيارات
a. DEBIT Utilities Expense OMR 5,000
and CREDIT Accounts Payable OMR
5,000
b. None of the answers are correct
c. DEBIT Utilities Expense OMR 5,000
and CREDIT Service Revenue OMR
5,000
d. DEBIT Accounts Receivable OMR
5,000 and CREDIT Utilities Expense
OMR 5,000
e. DEBIT Utilities Expense OMR 5,000 O
and CREDIT Cash OMR 5,000
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