Adjustments [AF-ADJ]

At the year end, electricity of £480 has been consumed but the invoice has not yet been received or recorded. What is the correct year-end adjustment?

Debit electricity expense £480; credit accruals £480
Debit accruals £480; credit electricity expense £480
Debit prepayments £480; credit electricity expense £480
No adjustment is needed until the invoice is received
Musterantwort und Erklärung siehst du nach der kostenlosen Anmeldung im Trainer. Jetzt kostenlos anmelden
← Adjustments [AF-ADJ] Alle Themen Im Quiz üben