At the most recent financial year end, the accounting records of Top Ltd show the following...

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At the most recent financial year end, the accounting records of Top Ltd show the following information, which include all in

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Answer 1

Answer #1

Calculate debit balance of P&L account

Wage expense	240
Prepaid rent expired	300
Depreciation recognised	540
Total debit to the P&L account	1080

So answer is d) $1080

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Answer 2

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