One of the statements for my project is utilities expenses

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Reference no: EM13566163

One of the statements for my project is "Utilities Expenses of $3,200 remain unpaid. 60% of the utilities expense is for office and 40% of utilities expense is for the store"

The journal entry I came up with was

Utilities Payable 3200
Utilities Expense-Store 1280
Utilities Expense-Office 1920

but now that I'm doing my income statement, i'm pretty sure thats word. Would I switch the debits and credits around or is it just totally wrong all together?

Reference no: EM13566163

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