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

question 44

Multiple Choice

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?

• A) $37 000
• B) $40 000
• C) $45 000
• D) None of the answers provided

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