Acca financial Accounting (FA) Study Text ac ca (FA)

What are the amounts for inclusion in the financial statements for the 

year ended 30 April 20X5? 

 $ 

Amount accrued at 30 April 20X5 

 

P&L charge for the year ended 30 April 20X5 

 

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Chapter 23 

KAPLAN PUBLISHING

469 

28  The year end of Lansdown is 31 December. The entity pays for its 

electricity by a standing order of $100 per month. On 1 January 20X5 the 

statement from the electricity supplier showed that Lansdown had 

overpaid by $25. Lansdown received electricity bills for the four quarters 

starting on 1 January 20X5 and ending on 31 December 20X5 for $350, 

$375, $275 and $300 respectively.