Orchid & Lily paid £2,500 for buildings insurance on 1" November 2023, for 12 months from the 1" December 2023. The full invoice amount has been posted to admin expenses. Prepare adjustments detailing the debits and credits
The administrative expense in the trial balance is £5,723,000.
the trial balance for Orchid and Lily Ltd at
31 December 2023
Ask the Tutor ACCA FR
Prepayment
2y ago#1Hi,
I'm not here to answer questions directly for you without first having seen an attempt at the question being made. If you attempt it and let me know where you are struggling then I'll gladly help you out with it. This question though looks like it is more in relation to FA as opposed to FR.
Thanks.
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