Which is the correct adjusting entry for accrued telephone expense? Multiple Choice Credit Debit $1,000 Telephone revenue Telephone receivable $1,000 Credit Debit $1,000 Utilities receivable Telephone revenue $1,000 Credit Debit $1,000 Utilities payable Telephone expense $1,000 Credit Debit $1,000 Telephone expense Telephone payable $1,000