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ABC Company had the following transactions during the month. What would be the total amount of expenses for the month if ABC Company uses the

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ABC Company had the following transactions during the month. What would be the total amount of expenses for the month if ABC Company uses the cash basis method? a. Paid $2,400 for insurance for the next 12 months. b. Received $7,200 for services to be performed equally over the next 12 months. c. Paid $1,000 for the current month's rent. d. Paid $100 cash for office supplies. e. Paid $850 in Salaries Expense. f. Received $1,700 in cash for service revenue earned this month. A. $2,150 B. $2,650 C. $4,350 D. $4,250

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