In 2011,Zealous Ltd paid $1900 for 2010 expenses,$32 000 for 2011 expenses and $4000 advance payment for 2012 expenses.In 2012,it paid $8000 for 2011 expenses.Furniture depreciation for 2011 was $5000.What was the accrual accounting expense for 2011?
A) $37 000
B) $40 000
C) $50 900
D) $45 000.
Correct Answer:
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Q14: What is the correct adjusting entry
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