StudyDeck

Other Payables & Other Receivables

Exam code: 7707
1 hours · 12 questions
11 mark

On 31 March Lucian was owed commission.

How would this commission be shown in Lucian's statement of financial position on 31 March?

  • A.

    as accrued income in current assets

  • B.

    as accrued income in current liabilities

  • C.

    as prepaid income in current assets

  • D.

    as prepaid income in current liabilities

Choose your answer
Was this exam question helpful?