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In the current accounting period ended 31 August 2020, X-Company receives an invoice for a...

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Accounting

In the current accounting period ended 31 August 2020, X-Company receives an invoice for a subscription fee from 01 September 2020 to 31 August 2021. If X-Company hasnt processed or paid it in the current accounting period, what is the required prepaid or accrual by the end of the current accounting period?

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