Question

"Nigel has received the following telephone bills during his year end 31st December 20X7.

Bill period Amount Paid
Nov 20X6 - Jan 20X7 450 Feb 20X7
Feb 7 - Apr 20X7 480 May 20X7
May 20X7 - Jul 20X7 410 Aug 20X7
Aug 20X7 - Oct 20X7 460 Nov 20X7
Nov 20X7 - Jan 20X8 465 Jan 20X8

How much should be included for the 20X7 telephone expense?"

Answer 1

To calculate the 20X7 telephone expense, add up the amounts paid for each bill during that year.

Step-by-step explanation:

To calculate the 20X7 telephone expense, we need to add up the amounts paid for each bill during that year.

The amounts paid in Nov 20X6 - Jan 20X7, Feb 20X7 - Apr 20X7, May 20X7 - Jul 20X7, and Aug 20X7 - Oct 20X7 are all valid for the 20X7 expense.

Therefore, the 20X7 telephone expense is 450 + 480 + 410 + 460 = $1,800.