Gym Co is preparing its final accounts for the year ended 30th Nov 2020. The...
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Accounting
Gym Co is preparing its final accounts for the year ended 30th Nov 2020. The company made last payment of RM8,100 for electricity charges in October 2020, for three months to 30th September 2020. Select the adjustment that the Company need to make, when preparing its final accounts for the year ended 30th Nov 2020.
a.
A prepayment of RM4,050
b.
An accrual of RM5,400
c.
An accrual of RM8,100
d.
No adjustment needed
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