A phone bill relating to 2019 has not been paid. How should this be recorded in the 2019 financial statements?

Select one:

a. Phone expense in Statement of Profit or Loss

b. Phone expense in Statement of Profit or Loss and Phone accrual in Statement of Financial Position

c. Phone prepayment in Statement of Financial Position

d. Phone expense in Statement of Financial Position and Phone accrual in Statement of Profit or Loss