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How much is the total amount for reversal

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Question - The books of Hope Enterprises showed the following adjusting entries at the end of the period:

Depreciation expense 5,000

Accumulated depreciation 5,000

Bad debts expense 1,000

Allowance for bad debt expense 1,000

Unearned rent income 3,000

Rent income 3,000

Utilities expense 4,000

Accrued utilities expense 4,000

Required - How much is the total amount for reversal at the start of the next fiscal year relating to these adjusting entries?

Reference no: EM132798125

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