Lang Company owes $50,000 in utilitiesat Dec 31, but the invoice has not been received or paid by the company at Dec 31.What journal entry needs to be made for these utilities at Dec 31st?

A. Debit UtilitiesExpense $50,000 and Credit to Accounts Receivable $50,000

B. Debit Utilities Expense $50,000 and Credit to Accounts Payable $50,000

C. No entry needs to be made since the invoice has not been received

D. Debit Accounts Receivable$50,000 and Credit to Accounts Payable $50,000

E. Assets, $50,000 decrease; equity $50,000 decrease.