accouting

Turner Ltd insurances are paid annually in advance on the 1st April and the last premium of $74,000 was paid on that date. When that payment was made it was recognised as an insurance expense. Date Particulars DR CR C C C Uuuu C The latest electricity invoice was due on the 29th June but has not arrived. Inquiries were made about when the invoice might arrive and you believe that it will come on the 10th July. The amount, though, has been estimated to be $5,647. Date Particulars DR CR Uuuu . ch Uu