Question: short answer required Example 8.I Azman Sdn Bhd receives electricity bills, RM400 and water bills, RM100 for the month of October 2015. Azman Sdn Bhd's

 short answer required Example 8.I Azman Sdn Bhd receives electricity bills,

short answer required

Example 8.I Azman Sdn Bhd receives electricity bills, RM400 and water bills, RM100 for the month of October 2015. Azman Sdn Bhd's accounts show that these bills are paid only on 10 November, 2015. The bills are recorded in the utilities account, and RM500 is reported in statement of profit or loss and other comprehensive income for the period ending 31 October, 2015 as utilities expenses, RM500. the

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