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expense at th 47. Your company accrued $20,000 of salary expense at the end I...

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expense at th 47. Your company accrued $20,000 of salary expense at the end I TURI then paid $30,000 of salaries early in Year 2. How much salary expense applies to Years 1 and 2, respectively? e s early in in 1 and a. $30,000 and $0 b. $0 and $30,000 c. $10,000 and $20,000 d. $20,000 and $10,000 Use the following information to answer Questions 48-50: Adjusted Trial Balance Adjustments Cr Dr Cr Unadjusted Trial Balance Dr Cr 40,000 2,000 Dr 800 Accounts Receivable Allowance for Doubtful Accounts Supplies on Hand Utilities Payable Notes Payable Bad Debt Expense Supplies Expense Utilities Expense 6,000 10.000 800 2,300 8,000 1.000 48. If the partial adjustment shown for Utilities Expense is correct, what would be the adjusted trial balance amount for Utilities Payable? a. $1,000 debit b. $4,000 credit c. $6,000 debit d. $7,000 credit 49. If the adjustment shown for Supplies Expense is correct, what is the ad- justed trial balance amount for Supplies on Hand? a. $800 b. $1,600 c. $2,400 d. $0 50. If the company estimates that it will not be able to collect 3% of accounts receivable, the debit to Bad Debt Expense in the adjustments column is... a. $3,200. b. $2,000. c. $1,200. d. $0

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