Business, 31.01.2021 09:00 Finessethenemy

Bill Company paid a previously unrecorded utility bill of $1,000 on January 31st for the month of January. Which of the following is included in the journal entry on January 31st?

Group of answer choices

A DEBIT Utility Payable $1,000

A DEBIT Utility Expense $1,000

A CREDIT Prepaid Utility Expense $1,000

A CREDIT Utility Expense $1,000

A DEBIT Prepaid Utility Expense $1,000

A CREDIT Utility Payable $1,000

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Bill Company paid a previously unrecorded utility bill of $1,000 on January 31st for the month of Ja...

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