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Gym Co is preparing its final accounts for the year ended 30th Nov 2020. The company made last payment of $8,100 for electricity charges in
Gym Co is preparing its final accounts for the year ended 30th Nov 2020. The company made last payment of
$8,100 for electricity charges in October 2020, for three months to 30th September 2020. Select the adjustment
that the Company need to make, when preparing its final accounts for the year ended 30th Nov 2020.
O A. An accrual of $8,100
B. An accrual of $5,400
C
A prepayment of $4,050
D.
No adjustment needed
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Auditing Concepts And Methods
Authors: McGraw-Hill
1st Edition
0074701266, 978-0074701263
