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    QBridget's Avatar
    QBridget Posts: 1, Reputation: 1
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    #1

    Aug 6, 2011, 01:29 PM
    Accounting
    In what instance would a company, Debit accounts payable and credit utilities expense?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Aug 6, 2011, 02:23 PM

    When the company's utilities bill was reduced by the utility company because the utility company over estimated their bill, or the utility company corrected an error which caused the bill to be lower.
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