FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Naa Adjorkor started business as a paper plate and cup manufacturer on
1 January 2018, making up accounts to 31 December 2018.
Electricity bills received were as follows.
2018
2019
2020
GHC
GHC
GHC
31 January
6,491.52
6,753.24
30 April
5,279.47
5,400.93
6,192.82
31 July
4,663.80
4,700.94
5,007.62
31 October
4,117.28
4,620.00
5,156.40
What should the electricity charge be for the year ended 31 December
2018, 2019 and 2020; show the necessary journal entries
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Transcribed Image Text:Naa Adjorkor started business as a paper plate and cup manufacturer on 1 January 2018, making up accounts to 31 December 2018. Electricity bills received were as follows. 2018 2019 2020 GHC GHC GHC 31 January 6,491.52 6,753.24 30 April 5,279.47 5,400.93 6,192.82 31 July 4,663.80 4,700.94 5,007.62 31 October 4,117.28 4,620.00 5,156.40 What should the electricity charge be for the year ended 31 December 2018, 2019 and 2020; show the necessary journal entries
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