Question: Able Graphics received a $840 utility bill for the current month's electricity. It is not due until the end of the next month which is

Able Graphics received a $840 utility bill for the current month's electricity. It is not due until the end of the next month which is when they intend to pay it. Which of the following general journal entries will Able Graphics make to record this transaction?

Multiple Choice

No journal entry is required
Utilities Expense 840

Accounts Payable 840
Cash 840

Utilities Expense 840
Accounts Payable 840

Utilities Expense 840
Utilities Expense 840

Cash 840

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No journal entry is required

Utilities Expense	840
Accounts Payable		840

Cash	840
Utilities Expense		840

Accounts Payable	840
Utilities Expense		840