Please answer the questions 10.15, 11.1 and 11.2 with your detailed explanations, it's much appreciated!

Danya owns a small shop and the following information concerns the heat and light account for the year to 31 March 20X7: During the year, Danya made payments of $5,000 for gas and $7,800 for electricity. What is the total heat and light expense for the year ended 31 March 20X7? $14,100 $13,100 $12,500 $11,500 11.1 Identify, by indicating the relevant box in the table below, whether each of the following statements is true or false. \begin{tabular}{|l|l|l|} \hline Payables represent money the business owes. & TRUE & FALSE \\ \hline Payables are an asset. & TRUE & FALSE \\ \hline Receivables represent money owed to the business & TRUE & FALSE \\ \hline \end{tabular} At 31 December 20X2 Bunting Co's receivables totalled $400,000 and an allowance for receivables of $50,000 had been brought forward from the year ended 31 December 20X1. It was decided to write off irrecoverable debts totalling $38,000. The allowance for receivables was to be adjusted to the equivalent of 10% of the receivables. What charge for receivables expense should appear in Bunting Co's statement of profit or loss for the year ended 31 December 20X2? $74,200$51,800$28,000$24,200