A business supplied the information below for two expenses. Electricity: 1 January 2024: $240 accrued Amount paid during year ended 31 December 2024: $1500 31 December 2024: $360 accrued Insurance: 1 January 2024: $180 prepaid Amount paid during year ended 31 December 2024: $1200 31 December 2024: $220 prepaid What amounts are included in the income statement for the year ended 31 December 2024?
- Aelectricity $900; insurance $800
- Belectricity $1380; insurance $1240
- Celectricity $1620; insurance $1160
- Delectricity $2100; insurance $1600