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The following transactions relate to Rashids electricity expense ledger account for the year ended 30 June 20X9: $ Prepayment brought forward 550 Cash paid 5,400
The following transactions relate to Rashids electricity expense ledger account for the year ended 30 June 20X9:
$
Prepayment brought forward 550
Cash paid 5,400
Accrual carried forward 650
What amount should be charged to the income statement in the year ended 30 June 20X9 for electricity?
A $6,600
B $5,400
C $5,500
D $5,300
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