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As an accountant, you under - accrued a purchase of office supplies in Feb' 2 3 and you paid for it in Apr' 2 3
As an accountant, you underaccrued a purchase of office supplies in Feb' and you paid for it in Apr' Would you be adjusting the accrual in Mar'
A Yes, the actual purchase took place in Apr'; hence Mar' should be adjusted
B Yes, both Mar' and Apr' should be adjusted for correct accrual
C No accrual is required for the office supplies they are purchased as on need basis
D None of the above
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