In 2016,Zealous Ltd paid $1900 for 2015 expenses,$32 000 for 2016 expenses and $4000 advance payment for 2017 expenses.Additionally,during 2016 Zealous Ltd accrued $8000 for 2016 expenses to be paid in 2017.Furniture depreciation for 2016 was $5000.What was the accrual accounting expense for 2016?

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The accrual accounting expense for 2016 includes the 2016 expenses ($32,000), the accrued expenses for 2016 to be paid in 2017 ($8,000), and the furniture depreciation for 2016 ($5,000), totaling $45,000. Payments for 2015 expenses and advance payments for 2017 expenses are not included in the 2016 accrual accounting expenses.

In 2016,Zealous Ltd Paid $1900 for 2015 Expenses,$32 000 for 2016