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During 2019, Zensa Corporation incurred operating expenses amounting to $160,000, of which $95,000 was paid in cash; the balance will be paid during 2020. Which

During 2019, Zensa Corporation incurred operating expenses amounting to $160,000, of which $95,000 was paid in cash; the balance will be paid during 2020. Which of the following is correct for the 2019 year-end balance sheet?

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