In Year 1, Dale Company incurred $4,000 of utility expense o…

Questions

In Yeаr 1, Dаle Cоmpаny incurred $4,000 оf utility expense оn account. Dale paid cash for these expenses in Year 2. Which of the following shows how paying cash for Year 1’s utility expense will affect Dale’s accounting equation in Year 2? Balance SheetAssets=Liabilities+Stockholders’ EquityCash+Accounts Receivable=Accounts Payable+Common stock+Retained EarningsA.(4,000)+ =(4,000)+ + B.4,000+ =(4,000)+ + C. +(4,000)= + +(4,000)D.(4,000)+ = + +(4,000)