Question

Received a bill and paid utilities of $9,000. make a general journal entry.

Received a bill and paid utilities of $9,000. make a general journal entry.

Homework Answers

Answer #1

Solution:

Date Journal Entry Debit Credit
xxxx On receipt of a bill of utilities

Utilities expenses
To Supplier               
(Being Utilities expense booked on receipt of a bill)


$9,000



$9,000
xxxx On payment of utilities

Supplier
To Bank/Cash               
(Being Utilities expense paid to supplier)


$9,000



$9,000
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