The electricity account for Jingles Co for the year ended 30 June 20X1 was as follows.

                                                                                            $

Opening balance for electricity accrued at 1 July 20X0    300

Payments made during the year

1 August 20X0 for three months to 31 July 20X0              600

1 November 20X0 for three months to 31 October 20X0  720

1 February 20X1 for three months to 31 January 20X1     900

30 June 20X1 for three months to 30 April 20X1               840

Jingles Co expects the next bill due in September to be for the same amount as the bill received in June.

What are the appropriate amounts for electricity to be included in the financial statements of Jingles Co for the year ended 30 June 20X1?

Statement of                         Statement  of

 financial position                   profit or loss