At 1 January 2021 Javid has an accrual for electricity of 215. During the year to 31 December 2021 he made payments totalling 3,420 for electricity. At the 31 December he has calculated an accrual of 310 Which of these statements is correct concerning the accounting for the electricity in the financial statements for year end 31 December 2021? a. Statement of profit or loss Expense 3,515 Statement of financial position Asset 310 O b. Statement of profit or loss Expense 3,325 Statement of financial position Asset 310 O c. Statement of profit or loss Expense 3,515 Statement of financial position Liability 310 d. Statement of profit or loss Expense 3,325 Statement of financial position Liability 310