Rent and rates are Rs.6,000 and Insurance Rs.1,500. If a further Rs.500 rent needs to be accrued Rs.250 of insurance is prepaid what balances need to be shown in the profit and loss account.
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Rent and rates are Rs.6,000 and Insurance Rs.1,500. If a further Rs.500 rent needs to be accrued Rs.250 of insurance is prepaid what balances need to be shown in the profit and loss account.
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