In 2011,Zealous Ltd Paid $1900 for 2010 Expenses,$32 000 for 2011

question 18

Multiple Choice

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.