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answer please Normal BCCDC Heading 1 AaBbCcDdEx AaBb No Spacing Heading 2 Title Calculate how much should be charged for each of the following expenses
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Normal BCCDC Heading 1 AaBbCcDdEx AaBb No Spacing Heading 2 Title Calculate how much should be charged for each of the following expenses in the income statement for the year ended 31 December 20X1 - MAKE SURE YOUR SHOW YOUR WORKINGS. a) Rent - charged at 5,000 per quarter, paid quarterly in advance. b) Electricity - paid in the year 1,000; invoice received in January 20x2 for 300, covering the period 1 October to 31 December 20X1. 1 c) Telephone - 820 paid for calls up to 30 November; the bill for the following quarter received in February 20X2 was for 240. d) Insurance - paid annually in advance, on 1 April each year. The bill for the year ended 31 March 20X1 was for 3,000, the following year's bill was 4,200 Step by Step Solution
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