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simple prepayment & accrual quiz

Forums › ACCA Forums › ACCA FA Financial Accounting Forums › simple prepayment & accrual quiz

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
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    Posts
  • May 6, 2016 at 11:17 am #313911
    sabrya02
    Member
    • Topics: 4
    • Replies: 3
    • ☆

    transaction to year ended 30-6-20×9 account : electricity expense
    ledger figures :

    prepayment brought forward $550
    cash paid $5400
    Accrual carried forward $650

    what the figure of electricity appearing in Income Statement ? at 30-6- 20×9

    May 11, 2016 at 7:00 am #314537
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54751
    • ☆☆☆☆☆

    You must ask in the F3 Ask the Tutor Forum if you wish for me to answer – this forum is for students to help each other 🙂

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