Question: QUESTION 1 After going through the notes, try the following FOUR(4) questions. Submit your answer as a file attachment. Question 1: Calculating the amount

QUESTION 1 After going through the notes, try the following FOUR(4) questions.Submit your answer as a file attachment. Question 1: Calculating the amountto accrue Gris's year-end is 31 December. Electricity is billed and paidfor quarterly in arrears. - On 14 December 2014, the electricity bill

QUESTION 1 After going through the notes, try the following FOUR(4) questions. Submit your answer as a file attachment. Question 1: Calculating the amount to accrue Gris's year-end is 31 December. Electricity is billed and paid for quarterly in arrears. - On 14 December 2014, the electricity bill comes in and is paid on 17 December. The amount of the bill is 300.00 On 14 March 2015, another bill comes in for 330.00 How should this be accounted for in the books of Gris? 0 poi

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