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The gas account for the year ended 30 June X2 is as follows: Opening balance for gas accrued at 31st July X1 400 Payments made
The gas account for the year ended 30 June X2 is as follows: Opening balance for gas accrued at 31st July X1 400 Payments made during the year: 10 August X1 for the three months to 31 July X1 720 12 November X1 for the three months to 31 October X1 760 3 February X2 for the three months to 31 January X2 970 18 May X2 for the three months to 30 April X2 880 It is anticipated that the next quarter's payment will be the similar to the last quarter. The opening balance on the gas expense account at 1 July X1 is 400 Choose.... The journal to post the required gas expense accrual at 30 June X2 is: Choose... Gas Choose... Choose... Accruals Choose... The value shown on the statement of profit or loss for gas at 30 June X2 is: Choose... - (Select your answer in each dropdown menu)
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