Question: please reply ASAP! Question 5 You are provided with the following information regarding a company with a 30 Sept 2020 year-end: The company incurred an
Question 5 You are provided with the following information regarding a company with a 30 Sept 2020 year-end: The company incurred an expense of 8,600 in relation to insurance for the year ending 30 September 2020 The SOFP as at 30 Sept 2020, has a prepayment in relation to insurance of 3,500. The company paid 10,200 in relation to insurance during the year ending 30 September 2020 How much did the company prepay for insurance during the year ending 30 September 2019? (4 marks)
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