Received A Utility Bill To Be Paid Next Month Journal Entry
Received Telephone Bill, Electricity Bill, Gas, Water Bill, etc., To Be Paid Next Month Journal Entry When a company / corporation Received A Utility Bill (Electricity, Telephone, Gas or Water Bill) to be paid next or following month, the following journal entry is recorded as shown below: Utility Expenses a/c XXX Utility Bill Payable a/c XXX (Utility Bill Received But Still Due Or Unpaid For The...