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On 1 July 2015, Mason plc. has discovered that the prepaid business rates of £25...

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On 1 July 2015, Mason plc. has discovered that the prepaid business rates of £250 as at 30 June 2015 has been entered by the accounts clerk as accrual. Mason plc. has an accounting year end of 30 June 2016.

In the Business Rates expense account, Mason plc. should

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