The following transactions relate to Rashid's electricity expense ledger account for the year ended 30 June...
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The following transactions relate to Rashid's electricity expense ledger account for the year ended 30 June 20X9: $ 550 5,400 650 Prepayment brought forward Cash paid Accrual carried forward What amount should be charged to the income statement in the year ended 30 June 20X9 for electricity? A $6,600 B $5,400 C $5,500 D $5,300 The following transactions relate to Rashid's electricity expense ledger account for the year ended 30 June 20X9: $ 550 5,400 650 Prepayment brought forward Cash paid Accrual carried forward What amount should be charged to the income statement in the year ended 30 June 20X9 for electricity? A $6,600 B $5,400 C $5,500 D $5,300
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Introduction To Financial Accounting
ISBN: 9781526803009
9th Edition
Authors: Anne Marie Ward, Andrew Thomas
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