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hi i dont understand one question here. plz guys answer it.
At 1st september the motor expenses account showed 4 months insurance prepaid of 80$ and petrol accrued of 95$. During september the outstanding petrol bill is paid plus further bills of 245$.At 30 september there is a further outstanding petrol bill of 120$.
REQUIRED: the amount to be shown in the income statement for motor expenses for september is?
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