The records for Cullumber Inc showed the following for 2020 Jan 1 Dec 31 Accrued expenses $1,400 $2,200 Prepaid expenses 610 840 Cash paid during the year for expenses, $44,850 Calculate the amount of expense that should be reported on the income statement ...

The records for Cullumber Inc. showed the following for 2020: Jan. 1 Dec. 31 Accrued expenses $1,400

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The records for Cullumber Inc. showed the following for 2020:

	Jan. 1	Dec. 31
Accrued expenses	$1,400	$2,200
Prepaid expenses	610	840

Cash paid during the year for expenses, $44,850.

Calculate the amount of expense that should be reported on the income statement.

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Posted Date: Jun 18, 2021 07:45 PM

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The records for Cullumber Inc. showed the following for 2020: Jan. 1 Dec. 31 Accrued expenses $1,400

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