Electricity paid during the year is $14,000.There was an opening accrual b/F of $500. A bill for the quarter ended 31 January 2017 was $900. What is the electricity charge in the statement of profit or loss for the year ended 31 December 2016

Electricity paid during the year is $14,000.There was an opening accrual b/F of $500. A bill for the quarter ended 31 January 2017 was $900. What is the electricity charge in the statement of profit or loss for the year ended 31 December 2016

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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