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The following information that was extracted from LOPAM Company's pre-adjustment trial balance on 28 February 2021. Telephone expense R21 200 Adjustment: The telephone account
The following information that was extracted from LOPAM Company's pre-adjustment trial balance on 28 February 2021. Telephone expense R21 200 Adjustment: The telephone account for February 2021 is R2 350 from Telkom is still unpaid by year end. The entry will be and OA. Dr accrued expense and Cr prepaid expense O B. Dr Telephone expense, Cr accrued expense OC. Dr accrued income, Cr telephone expense OD. Dr accrued expense, Cr Telkom
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