A business has an accrual for electricity at 1 January 20X7 of 215 and has paid electricity
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Question:
A business has an accrual for electricity at 1 January 20X7 of £215 and has paid electricity bills of £3,420 during the year to 31 December 20X7. At 31 December20X7 there is an accrual for electricity of £310. The electricity charge in the SOPL/income statement for the year ended 31
December 20X7 is Select one:
a. £2,895
b. £3,325
c. £3,515
d. £3,9453,
A business has opening inventory of £7,200 and closing inventory of £8,100.Purchases for the year were £76,500, carriage inwards was £50 and carriage outwards was £180. The amount for cost of sales
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