Electric bill to be paid next month.

A) Prepaid expense
B) Accrued expense
C) Unearned revenue
D) Accrued revenue
E) None of these choices

Accrued Expense

Expenses that have been incurred but not yet paid or documented in the financial statements.

Electric Bill

A statement that specifies the amount of money charged for the consumption of electricity over a specific period.

Paid

Refers to the settlement of an obligation or receipt of money or goods in exchange for services or goods provided.