If an electricity prepayment is increased,the accounting adjustment will be:
A) Dr: Electricity Cr: Prepayments
B) Dr: Prepayments Cr: Electricity
C) Dr: Prepayments Cr: Trade payables
D) Dr: Trade payables
Correct Answer:
Verified
Q5: Where there is an increase in an
Q6: The following information is available from
Q7: Which of the following statements is correct?
A)
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Q9: If it is known that a debtor
Q11: The trail balance of Gibson company as
Q12: Which of the following would be the
Q13: If the provision for bad debt is
Q14: The following information is available from
Q15: When there is an increase in a
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