The journal entry to record the accrual of factory utilities is to: Multiple choice question. debit Factory Overhead and credit Utilities Payable debit Utilities Payable and credit Factory Overhead debit Factory Overhead and credit Cash debit Cash and credit Factory Overhead

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Answer:

debit Factory Overhead and credit Utilities Payable

Explanation:

The journal entry to record the accrual of factory utilities is to: Debit Expense Account -  Factory Overhead and Credit Liability Account -Utilities Payable.