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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Accruals and prepayments
teacher:
there is a sentence :
a company had oil in hand to be used for heating costing $8200 and an unpaid heating oil bill for $3600. Does it mean the 3600 is included in the 8200?
No – they are two separate things.
