Paying a utility bill when received would A. increase owners equity. B. increase liabilities. C. increase expenses. D. decrease revenues.

Paying a utility bill when received would:<br /><br />C. increase expenses.<br /><br />When you pay a utility bill, it is recorded as an expense in your financial records. This action does not affect owners' equity directly, nor does it increase liabilities or decrease revenues. Instead, it increases the expenses for the period in which the payment is made.