Accountancy, asked by pragyabaid82821, 2 months ago

Water and power consumption amounting to $5,000 was incurred during December 2012. However, it was still unpaid as of December 31, 2012. Record the transaction as on December 31 as:

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Answered by siddhantmishra321212

2

water and power A/c Dr. 5000

To Outstanding Expenses A/c. 5000

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