Accruals help

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:29AM in AAT student discussion
Question: As at 01/01/05 Hedges & Co have accruals of £240 and prepayments of £500 on its administration costs account. Cash has been paid out during the year of £32,095.50, and as at 31/12/05 there are accruals of £530 and prepayments of £825. How much will be shown for administration costs for the year?<BR><BR>If you send me your email - i will send you an attachment on excel showing you how i answer it in comparison to the textbook answer.

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    Accruals help

    need more info on the cash paid out during the year, or is it all admin?<BR>
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Accruals help

    I sent you an email Shaz ... Cheers.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Accruals help

    at work so wont c email till after 5 soz.<BR>but will reply then if thats ok<BR><BR>is the cash paid out all admin? If so £32060.50
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Accruals help

    no work email? (just me been cheeky) You can email me if you prefer - then i'll respond .. (brent)<BR><BR>It's all admin costs
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Accruals help

    Any help?<BR>did u get the email?<BR>What book was that from?
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Accruals help

    It was from BPP ... I responded to your email .. it did help alot - thanks!!

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