3.	Kola-Nut Ltd offers their customers a wide range of soft drinks. This month, Kola-Nut Ltd must amortize 1-month worth of utility bills which they had prepaid at the beginning of the year. The amount that they had paid upfront for the year was $15,600.
	A	DR Prepaid Expense $1,300 CR Utilities expense $1,300
	B	DR Utilities expense $1,300 CR Prepaid Expense $1,300
	C	DR Utilities expense $15,600 CR Prepaid Expense $15,600
	D	DR Prepaid Expense $15,600 CR Utilities expense $15,600
	E	None of the above