5. A Painter was contracted to paint the outside of a building on June 2nd. He was to be paid $500.00 at the start of the job on July 15th and $500.00 at the completion on the job on July 30th. He started and completing the job on time. His final invoice was submitted for payment on August 10th. The job was completed to expectations and is not considered a Capital purchase. When should the expense be posted? a) $500.00 in June and $500.00 in July b) $1,000.00 in July c) $500.00 in July and $500.00 in August d) $1,000.00 in August