Expense recognition. Assume that Hewlett-Packard (HP) uses the accrual basis of accounting and recognizes revenue at the time it sells goods or renders services. Indicate the amount of expense recognized during March (if any) from each of the following transactions or events:

a. HP pays an insurance premium of $18,000 on March 1 for one year's ccwerage beginning on that date.

b. On April 3, HP receives a utilities bill totaling $4,600 for .services during March.

c. HP purchases on account supplies costing $7,000 during March. It makes payment for $5,000 of these purchases on account in March and pays the remainder in April. On March 1 . supplies were on hand that cost $3,000. On March 3 1 . supplies that cost $3,500 were still on hand.

d. Same as part

c, except that $2,000 of supplies were on hand March 1

e. In January, HP paid property taxes of $48,000 on an office building for the year.

f. On March 29. HP paid an advance of $250 on the April salary to an employee.