In 2011, Zealous Ltd paid $1900 for 2010 expenses, $32 000 for 2011 expenses and $4000 advance payment for 2012 exp...

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In 2011, Zealous Ltd paid $1900 for 2010 expenses, $32 000 for 2011 expenses and $4000 advance payment for 2012 expenses. In

business accounting

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Answer 1

Answer #1

As per accrual accounting, only 32,000 for 2011 expenses and depreciation of 5,000 for 2011 will be accounted for, thus the answer is:-

a) 37000

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Answer 2

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In 2011, Zealous Ltd paid $1900 for 2010 expenses, $32 000 for 2011 expenses and $4000 advance payment for 2012 exp...

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Question 6 In 2016, Zealous Ltd paid $1900 for 2015 expenses, $32 000 for 2016 expenses...

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In 2011, Zealous Ltd paid $1900 for 2010 expenses, $32 000 for 2011 expenses and $4000 advance payment for 2012 exp...

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Add Answer to: In 2011, Zealous Ltd paid $1900 for 2010 expenses, $32 000 for 2011 expenses and $4000 advance payment for 2012 exp...

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In 2011, Zealous Ltd paid $1900 for 2010 expenses, $32 000 for 2011 expenses and $4000 advance payment for 2012 exp...