Please show work. Karishma runs her own business. The balances in her books on 1 October 2020
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Karishma runs her own business. The balances in her books on 1 October 2020 included the following. Insurance account Electricity account $ 1700 prepaid 1800 owing During the financial year ended 30 September 2021 Karishma made the following payments by cheque. Insurance payments 7 February 2021 13 August 2021 Electricity payments 14 October 2020 24 January 2021 26 May 2021 $ 3400 3500 $ 1800 1800 1800 A refund of $300 for insurance overpaid was received by bank transfer on 28 February 2021. The insurance paid on 13 August 2021 covered a period of five months to 31 December 2021. At 30 September 2021, an amount of $2000 was owing for electricity. Karishma runs her own business. The balances in her books on 1 October 2020 included the following. Insurance account Electricity account $ 1700 prepaid 1800 owing During the financial year ended 30 September 2021 Karishma made the following payments by cheque. Insurance payments 7 February 2021 13 August 2021 Electricity payments 14 October 2020 24 January 2021 26 May 2021 $ 3400 3500 $ 1800 1800 1800 A refund of $300 for insurance overpaid was received by bank transfer on 28 February 2021. The insurance paid on 13 August 2021 covered a period of five months to 31 December 2021. At 30 September 2021, an amount of $2000 was owing for electricity.
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a Accounts for the year ended 30 September 2021 Insurance Account Note Debit represents expenses and ... View the full answer
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College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
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