How much is total amount for reversal at start of next year

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Problem - 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 debts 1,000

Uneamed 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: EM132799418

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