Question: When a company pays $ 1 , 8 0 0 cash for utirties used during the current month, the transoction is recorded as: Multiple Choice

When a company pays $1,800 cash for utirties used during the current month, the transoction is recorded as:
Multiple Choice
deba Unimes expense $1800, credt Cauh $1800.
orbit Unasses experse $1,800, ered UNATies payable $4,800.
debat UABES parable S4300, erest Cash $4.800.
Setal Cenh $4BOQ, creas LAREx expense $1500
When a company pays $ 1 , 8 0 0 cash for utirties

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Levine Company is a manufacturer of very inexpensive DVD players and television sets. The company uses recycled parts and a highly structured manufacturing process to keep costs low so that it can...

Q:

answer the 10 questions below quickly and give the answer and quick explanation 2 The following financial statements were prepared at the end of the month of May: TOPS IN TOPIARY - INCOME STATEMENT...

Q:

MC Qu. 209 A physical count of supplies on hand... A physical count of supplies on hand at the end of May for Masters, Inc. indicated $1,256 of supplies on hand. The general ledger balance before any...

Q:

Need help with assignment. See attachment for questions and another attachment for the answer sheet. Multiple Choice: 2 points each. Place your answers in the table below using CAPITAL LETTERS. 1....

Q:

Case #1: Ricky Rock Wrestling for Fun Richard Brandt graduated from York University with his BAS although he spent more time in the gym than in the classrooms and libraries. His parents and...

Q:

need help plz for accounting need help with all of these plz for accounting need help with these 4 questions plz for accounting Journalizing and Posting On February 11, 20Y9, Quick Fix Company...

Q:

On December 31, Year 4, RAV Company purchased 60% of the outstanding common shares of ENS Company for $960,000. On that date, ENS had common shares of $500,000 and retained earnings of $125,000. In...

Q:

True/False Indicate whether the statement is true or false. ____ 1. In accounting, to value means to record a transaction or event. ____ 2. The recognition issue deals with when a business...

Q:

Acct 605 Fa23 Final Exam i Saved Help Save & Ex 2 Assume a company makes only three products, A, B, and C: Product A Product B Product C Estimated customer demand in units 700 600 800 Selling price...

Q:

I need help with following questions from the homework. I have attached the chapters so please see the attached files to answer the following questions specifically. Ch 4 (p 176 of text or p 34 of...

Q:

Due Sunday, 11/20: Problems from Zimmerman text: 2-11, 2-44, Case 2-3, 7-7, and 7-20 Chapter Two The Nature of Costs Chapter Outline A. Opportunity Costs 1. Characteristics of Opportunity Costs 2....

Q:

Ryan's Snack Shacks, Inc., had a 2010 pension cost of $85,000. The company's 2010 cash contribution to the defined pension plan trust was $40,100. Prepare journal entries to record these pension cost...

Q:

Cash of $90,000 is transferred from a citys General Fund to start construction on a police station. The city issues a bond at its $1.8 million face value. The police station is built for $1.89...

Q:

Shawn purchases three pieces of land because he has heard the area they are in may be developed into a shopping area and their value will go up . Three months after his purchase, he gets a request...

Q:

A particle is moving in three dimensions and its position vector is given by; r(t) = (4, 4t + 2, 3t)i + (4, 5t - 2, 3)2 + (3, 3t + 3, 1t)k where r is in meters and t is in seconds. Determine the...