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Question 7 5.5 pts The following information was taken from the accounting records of zz, Inc. for the year ended December 31, 2019: $26,000 $41,000
Question 7 5.5 pts The following information was taken from the accounting records of zz, Inc. for the year ended December 31, 2019: $26,000 $41,000 95,000 $37,00 Cash ....... Accounts Payable ....... Sales Revenue ......... Copyright .. Advertising Expense Common Stock ....... Utilities Payable ... Supplies ......... Cost of Goods Sold ... Rental Revenue ....... Building Notes Payable .... Utilities Expense Inventory Dividends Equipment .......... Retained Earnings ... Income Tax Expense ... Accounts Receivable ......... $97,000 $13,000 $16,000 $42,000 $29,000 $86,000 $13,000 $77,000 $11,000 $56,000 $59,000 (at January 1, 2019) $18,000 $61,000 ZZ, Inc. reported total equity at December 31, 2019 of $187,000. Calculate the balance in the advertising expense account at Decem ber 31, 2019
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