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What is the total expense for the period?
The following information is available for December 31,2022 . What is the total expenses for the
period? Additional information: i. Stock on 31 December 2011 was valued at $12500 ii. Accrued
salaries amounted to $500 . iii. Prepaid insurance amounted to $125 . iv. Office Equipment is to
be depreciated at 20% per annum. v. Provision for doubtful debts at 5% of the debtors A / c is to
be created.

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What is the total expense for the period- The following information is.pdf

  • 1. What is the total expense for the period? The following information is available for December 31,2022 . What is the total expenses for the period? Additional information: i. Stock on 31 December 2011 was valued at $12500 ii. Accrued salaries amounted to $500 . iii. Prepaid insurance amounted to $125 . iv. Office Equipment is to be depreciated at 20% per annum. v. Provision for doubtful debts at 5% of the debtors A / c is to be created.