What is the electricity charge in the statement

Assignment Help Financial Accounting

Reference no: EM132740559

Problem 1: Electricity paid during the year is $16,000. There was an opening accrual b/f of $700. A bill for the quarter ended 31 January 2020 was $1200. What is the electricity charge in the statement of profit orloss for the year ended 31 December 2019?

A $16,000

B $16,100

C $15,900

D $16,400

Reference no: EM132740559

Questions Cloud

What is perpetual inventory schedule for the transactions : On June 1, Concord sold 24 units, and on August 27, 40 more units. What is the perpetual inventory schedule for the above transactions using FIFO

Find cost of production report using weighted average method : Find cost of production report using FIFO and Weighted Average method. All materials are added at the start of the process and the inspection point

What hr management is and how it relates to line management : Explain what HR management is and how it relates to line management? What skills and competencies do today's human resource managers need, and why?

What is entry to record write off of uncollectible account : Suppose an account receivable of $525 from one customer is determined to be uncollectible and is written off. What is entry to record write off

What is the electricity charge in the statement : The quarter ended 31 January 2020 was $1200. What is the electricity charge in the statement of profit orloss for the year ended 31 December 2019?

How would you recommend that a marketer improve transparency : What ethical issues seem to be raised by the use of online-sponsored content and product placement? How would you recommend that a marketer improve transparency

Calculate the maximum gain and the maximum loss : Calculate the Maximum gain and the Maximum loss. US importer to pay German currency DM contract of 62,500 to German exporter in 60 days

Calculate Maria income from employment : The company also pays premiums of $400 per employee for group life insurance with coverage of $100,000. Calculate Maria income from employment

Find which is not a capital expenditure : Which is not a capital expenditure? An amount paid to acquire a patent with remaining life of only three years. /Installation of elevators to replace escalators

User Account

All Pages