Perez Company received and immediately paid a $500 utility bill. Payment of the utility bill would be posted on the ledger accounts as: Accounts Payable 500 Utility Expense 500 Utility Expense 500 Cash 500 Cash 500 Utility Expense 500 Utility Expense 500 Accounts Payable 500 Perez Company received and immediately paid a $500 utility bill. Payment of the utility bill would be posted on the ledger accounts as: Accounts Payable 500 Utility Expense 500 Utility Expense 500 Cash 500 Cash 500 Utility Expense 500 Utility Expense 500 Accounts Payable 500