Question: Which account do you think it's a good answer? Received $8,000 utility bill to be paid next month Date Accounts and Explanation Debit Credit 8000

Which account do you think it's a good answer? Received $8,000

Which account do you think it's a good answer?

utility bill to be paid next month Date Accounts and Explanation Debit

Received $8,000 utility bill to be paid next month Date Accounts and Explanation Debit Credit 8000 Nov. 4 utilities expense 8000 interest expense Bright, the owner, contributed $6,000 in exchange for capital. Date Accounts and Explanation Debit Credit Nov. 5 cash 6000 owner capital 6000

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