• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

Save 20% on ACCA & CIMA Books

Interactive BPP books for June 2026 exams, recommended by OpenTuition.
Get discount code >>

Accrual and Prepayment

Forums › ACCA Forums › ACCA FA Financial Accounting Forums › Accrual and Prepayment

  • This topic has 0 replies, 1 voice, and was last updated 13 years ago by AvatarAccountaholic.
Viewing 1 post (of 1 total)
  • Author
    Posts
  • March 22, 2013 at 10:34 pm #120415
    AvatarAccountaholic
    Member
    • Topics: 96
    • Replies: 67
    • ☆☆

    Can someone explain the following question?

    The electricity account for the year ended 30 June 20X1 was as follows.
    $
    Opening balance for electricity accrued at 1 July 20X0 300
    Payments made during the year
    1 August 20X0 for three months to 31 July 20X0 600
    1 November 20X0 for three months to 31 October 20X0 720
    1 February 20X1 for three months to 31 January 20X1 900
    30 June 20X1 for three months to 30 April 20X1 840
    Calculate the appropriate entry for electricity in the statement of financial position $ and the
    statement of comprehensive income $ as at 30 June 20X1.
    (2 marks)

    Thanks 🙂

  • Author
    Posts
Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE Exams – Instant Poll

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • TEDI on IAS 16 Property, plant and equipment – Initial Recognition – CIMA F1 Financial Reporting
  • ChanNV on Framework – measurement – ACCA Financial Reporting (FR)
  • ChanNV on IASB Conceptual Framework – Introduction – ACCA Financial Reporting (FR)
  • Konstantinos43 on Financial Performance Measurement – Liquidity Measures – ACCA Management Accounting (MA)
  • Hirak.5 on ACCA TX-UK FA2025 Chapter 3 Property Income and Investments – Individuals

Copyright © 2026 · Contact · Advertising · OpenLicense · About · Sitemap · Privacy Policy · Cookie settings · Comments · Log in