At the end of September, Jack received a bill for fuel used in September. Payment is not due until October 30. This transaction:
A.
Should not be recorded in the accounting records until October
B.
Causes a decrease in assets and in owners' equity in October when the bill is paid
C.
Should be recorded as an expense of September, regardless of the payment date
D.
Is recorded as a liability in September, but is not considered an expense until paid.