At 1 November 2008 Borim had an accrual of R855 for fuel. During the year to 31 October 2009 he paid fuel invoices with a total value of R11 874. His closing accrual at 31 October 2009 was R962. What is the charge for fuel in his statement of profit or loss and other comprehensive income for the year to 31 October 2009?

At 1 November 2008 Borim had an accrual of R855 for fuel. During the year to 31 October 2009 he paid fuel invoices with a total value of R11 874. His closing accrual at 31 October 2009 was R962. What is the charge for fuel in his statement of profit or loss and other comprehensive income for the year to 31 October 2009?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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