Call plc received a telephone bill on 11th December 2009. However, they did not pay the bill

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Call plc received a telephone bill on 11th December 2009. However, they did not pay the bill until 8th January 2010. Under the accrual basis of accounting, if the year end is 31st Dec the expense should appear on:

(a) Neither the 2009 nor the 2010 income statement

(b) Income statement for 2010

(c) Income statements for both 2009 and 2010

(d) Income statement for 2009

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Financial Accounting

ISBN: 9781444170412

1st Edition

Authors: Bev Vickerstaff, Parminder Johal

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Question Posted: Jun 25, 2024 04:01 AM

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Call plc received a telephone bill on 11th December 2009. However, they did not pay the bill

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Financial Accounting

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