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At 1 May 2010, Skeng's general ledger account for electricity had an opening prepayment of $1,500. During the year to 30 April 2011 , invoices
At 1 May 2010, Skeng's general ledger account for electricity had an opening prepayment of $1,500. During the year to 30 April 2011 , invoices with a total value of $912,000 were received. At 30 April 2011, Skeng estimates that the closing accrual is $950. What is Skeng's electricity expense for the year to 30 April 2011 that should appear on the income statement? Do not include $ comma and space in your answer [Example $15,500 should be entered as 15500 ] Answel
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