Specimen examQ16 Section AThe following transactions relate to Rashid's electricity expense ledger account for the year ended 30 June 20X9.$Prepayment brought forward550Cash paid5,400Accrual carried forward650What amount should be charged to the statement of profit or loss in the year ended 30 June 20X9 for electricity?Pick 1 option$6,600$5,500$5,300$5,400Submit2 marks available