Expenses or Provision

it can be considered as event occuring after the balance sheet date and it is adjusted event

See for march comapnies provide a general liabilities, electriucity on the basis of last month payout  basis and book expenses accordingly and also wat happens some times some comapnies hav a facility of posting backdated entries in their system so they initially make provision and subsequently on receipt of actual bill book the actual amount...

I'll suggest u to if the billing period is march- april. proprtionately show the expenses for half month and make a provision for the remaining half month. U may then reverese the provision in the subsequent month.

Best Wishes

Prasad R
 

Agree with Prasad.