BALANCE-RELATED AUDIT OBJECTIVES UTILITIES EXPENSE (continued Utilities expense transactions are recorded in the proper period The amounts in the general ledger are correctly totaled and the total agrees with the trial balance Utilities expense is properly presented and disclosed Arens, Loebbecke; Auditing, &/E @2000Prentice HalL,IncArens, Loebbecke; Auditing, 8/E ©2000 Prentice Hall, Inc. Utilities expense transactions are recorded in the proper period The amounts in the general ledger are correctly totaled and the total agrees with the trial balance Utilities expense is properly presented and disclosed BALANCE-RELATED AUDIT OBJECTIVES UTILITIES EXPENSE (continued)