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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

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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 $6,000 for insurance for the next 12 months. b. Received $2,400 for services to be performed equally over the next 12 months. c. Paid $700 for the current month's rent. d. Paid $150 cash for office supplies. e. Paid $700 in Salaries Expense. f. Received $1,700 in cash for service revenue earned this month. OA. $2,100 OB. $7,550 OC. $2,050 O D. $7,400

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