Able Graphics received a $840 utility bill for the current month's electricity. It is not due until the end of the next month which is when they intend to pay it. Which of the following general journal entries will Able Graphics make to record this transaction?

Multiple Choice

• No journal entry is required

• Utilities Expense	840
  Accounts Payable		840

• Cash	840
  Utilities Expense		840

• Accounts Payable	840
  Utilities Expense		840

• Utilities Expense	840
  Cash		840