LESSON 7: ACCRUAL AND PREPAYMENT 1. Brighton has received telephone bills as follows Date received...
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LESSON 7: ACCRUAL AND PREPAYMENT 1. Brighton has received telephone bills as follows Date received dec 10 mar 11 jun 11 Date paid quarter to 30/11/10 quarter to 28/02/11 quarter to 31/05/11 quarter to 31/08/11 quarter to 30/11/11 quarter to 28/02/12 Amount of bill 739.20 798.00 898.80 814.80 840.00 866.00 Sep 11 jan 11 apr 11 jun 11 oct 11 jan 12 mar 12 dec 11 mar 12 What is the charge for telephone in the statement of profit or loss for the year ended 31 December 2011? A. $3,374.27 B. $4,956.8 C. $3,545.2 D. $4,975.3
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