of In recording the following transactions in the T-accounts, which one of the following would be correct? 1. Bought food for the week by paying $500 cash 2. Paid a utility bill for the period by paying $200 cash Select one: O O a. 1. Increase Unpaid Accounts (right side) $500; Increase Food Expense (left side) $500 2. Increase Cash (right side) $200; Increase Utility Expense (left side) $200 b. 1. Increase Cash (left side) $500; Increase Food Expense (left side) $500 2. Increase Cash (left side) $200; Increase Entertainment Expense (left side) $200 c. 1. Increase Cash (left side) $500; Increase Food Expense (left side) $500 2. Increase Cash (left side) $200; Increase Utility Expense (left side) $200 d. 1. Increase Cash (right side) $500; Increase Food Expense (left side) $500 2. Increase Utility Bill (right side) $200; Increase Utility Expense (left side) $200