P&L Question

Hi

It is many years since I worked in management accounts but I was roped into doing the annual accounts for a friends flat management company (12 flats in 1 block) All is straight forward except that the accounts for last year show a £120 management charge and a £30 filing fee that were never collected. In this years accounts I have shown them as positive expenditures in the P&L and as fees not collected in the balance ***. I am happy enough with the balance *** but the P&L seems messy to me. Any ideas if I did the correct thing? Thanks

Michael

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