Egret Consulting immediately paid $500 cash for utilities for the current month. Given the choices below, determine the general journal entry that A. Egret Consulting will make to record this transaction.
(A) Utility expense 500
Cash 500
(B) Cash 500
Utility expense 500
(C) Cash 500
Account payable 500
(D) Utility expense 500
Account payable 500
Answers: 2
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Egret Consulting immediately paid $500 cash for utilities for the current month. Given the choices b...
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