Question

May utility bill of $1,525 is unrecorded and unpaid

Answer 1

How do I adjust the journal, would it be under utilities expense and then owners capital?

Answer 2

Or would the adjusting entries be on utilities expense and utilities payable

Answer 3

yup

Answer 4

I just don't know where i would put the adjusting entries, like what account

Answer 5

sooooo.........do you know where i would put the adjusting entries?

Answer 6

:P

Answer 7

that would be entereed in the general journal as it is not recoreded....

Utilities expense debit by $1,525
Utilities payble credit by $1,525