Amber's accounting records include the following totals in respect of expenses for the year ended 31 July 20X4: In addition, Amber estimates that an accrual of £400 is required in respect of telephone charges.Of the business rates total, £2000 is prepaid, and rental expense includes a prepayment of £850.
What is the total of Amber's expenses for inclusion in her statement of profit or loss for the year ended 31 July 20X4?
A)£38 090
B)£37 190
C)£33 190
D)£34 090

Question

Amber's accounting records include the following totals in respect of expenses for the year ended 31 July 20X4:  In addition, Amber estimates that an accrual of £400 is required in respect of telephone charges.Of the business rates total, £2000 is prepaid, and rental expense includes a prepayment of £850.
What is the total of Amber's expenses for inclusion in her statement of profit or loss for the year ended 31 July 20X4?
A)£38 090 
B)£37 190 
C)£33 190 
D)£34 090

Quizplus · Accepted Answer

The Answer of Amber's accounting records include the following totals in respect of expenses for the year ended 31 July 20X4:  In addition, Amber estimates that an accrual of £400 is required in respect of telephone charges.Of the business rates total, £2000 is prepaid, and rental expense includes a prepayment of £850.
What is the total of Amber's expenses for inclusion in her statement of profit or loss for the year ended 31 July 20X4?
A)£38 090 
B)£37 190 
C)£33 190 
D)£34 090

Amber's Accounting Records Include the Following Totals in Respect of Expenses