At the beginning of the financial year, a trader had a credit balance on his heat and light account. What does this balance indicate?
- Aaccrued income
- Ban accrued expense
- Cprepaid income
- Da prepaid expense
Accounting 0452 · IGCSE · Other payables and other receivables
At the beginning of the financial year, a trader had a credit balance on his heat and light account. What does this balance indicate?