Star Designs (SD) is a boutique hairdresser with a year-end of 30 November Click here to exit full screen mode. For the period 1 December 2019 to 31 October 2020 SD incurred and paid a monthly water and electricity bill of R1 750. On 30 November 2020, SD received an invoice, amounting to R1 750, for water and electricity for the month of November 2020. It was unpaid at year-end. Which of the following options correctly reflect the general ledger accounts relating to water and electricity, after adjusting entries and closing entries have been processed? A. Water and electricity expense (P/L 1/12/10 Bank 19 250 30/11/20 Retained earnings 21 31/10/20 000 30/11/20 Accrued water and 1 750 electricity expense Retained earnings (E) 30/11/20 Water and electricity expense 21 000 . Water and electricity expense (P/L) 19 250 30/11/20 Bank Profit or loss 21 000 1/12/19- 31/10/20 30/11/20 1 750 Accrued water and electricity expense 30/11/20 Water and electricity expense Profit or loss 21 000 OC. Water and electricity expense (P/L) 19 250 30/11/20 Profit or loss Bank 19 250 1/12/19- 31/10/20 Profit or loss 19 250 30/11/20 Water and electricity expense OD Water and electricity expense (P/L) 19 250 30/11/20 Retained earnings Bank 19250 1/12/19- 31/10/20 30/11/20 Retained earnings (E) Water and electricity 19 250 expense OE Water and electricity expense (P/L) 21 000 30/11/20 Bank Profit or loss 21 000 1/12/19- 31/10/20 Profit or loss 21 000 30/11/20 Water and electricity expense javascript