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Vandalay Industries paid the utility bill for the month in the amount of $1,750. Which of the following journal entries would the company record? Utility

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Vandalay Industries paid the utility bill for the month in the amount of $1,750. Which of the following journal entries would the company record? Utility Expense (debited) $1,750 Accounts Payable (credited) $1,750 Utility Expense (debited) $1,750 Cash (credited) $1,750 Cash (debited) $1,750 Utility Expense (credited) \$1,750 Prepaid Expense (debited) $1,750 Cash (credited) $1,750

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