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In the income statement for Louis Ruiz Consulting Services, the balance for telephone expense is $4000 at December 31, 2021 and $2000 at December 31,
In the income statement for Louis Ruiz Consulting Services, the balance for telephone expense is $4000 at December 31, 2021 and $2000 at December 31, 2022. What is the balance in telephone expense at the beginning of business January 1, 2023?
A. 2000
B. 4000
C. 6000
D. 0
E. None of the above
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