ABC Company had the following transactions during the month. What would be the total amount of service revenue for the month if ABC Company uses the cash basis method? a. Paid $7.200 for insurance for the next 12 months. b. Received $6,000 for services to be performed equally over the next 12 months. c. Paid $600 for the current month's rent. d. Paid $400 cash for office supplies. e. Paid $600 in Salaries Expense. 1. Received $1,100 in cash for service revenue earned this month. A. $1,600 B. $7,100 OC. $2,200 D. $2,000 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 accrual basis method? a. On the first of the month, paid $7,200 for insurance for the next 12 months. b. Received $2,400 for services to be performed equally over the next 6 months. c. Paid $600 for the current month's rent. d. Paid $200 cash for office supplies. e. Paid $800 in Salaries Expense. 1. Received $1,500 in cash for service revenue earned this month. O A. $2,000 B. $9,200 O c. $8,600 OD. $2,400 ABC Company had the following transactions during the month. What would be the total amount of service revenues for the month if ABC Company uses the cash basis method? a. Paid $7.200 for insurance for the next 12 months. b. Received $4,800 for services to be performed equally over the next 6 months c. Paid $700 for the current month's rent. d. Paid $200 cash for office supplies. e. Paid $700 in Salaries Expense. 1. Received $1,900 in cash for service revenue earned this month. O A. $2,300 OB. $1,700 O c. $2,700 OD. $6.700 ABC Company had the following transactions during the month. What would be the total amount of service revenues for the month if ABC Company uses the accrual basis method? a. Paid $3,600 for insurance for the next 12 months. b. On the first of the month, received $2,400 for services to be performed equally over the next 12 months c. Paid $1,200 for the current month's rent. d. Paid $200 cash for office supplies. e. Paid $850 in Salaries Expense. 1. Received $1,800 in cash for service revenue earned this month. OA. $4,200 B. $3,500 O C. $2,200 OD. $2,000 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 accrual basis method? a. On the first of the month, paid $1,200 for insurance for the next 12 months. b. Received $4,800 for services to be performed equally over the next 12 months. c. Paid $1,400 for the current month's rent. d. Paid $350 cash for office supplies. e. Paid $800 in Salaries Expense. 1. Received $1,800 in cash for service revenue earned this month. . A. $2,300 B. $2,650 OC. $3,400 OD. $3,750 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 $3,600 for services to be performed equally over the next 6 months. c. Paid $1,400 for the current month's rent. d. Paid $350 cash for office supplies. e. Paid $800 in Salaries Expense. 1. Received $1,000 in cash for service revenue eamed this month. O A. $3,650 B. $8,550 C. $3,050 D. $9,150 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 $3,600 for insurance for the next 12 months. b. Received $1,200 for services to be performed equally over the next 12 months. c. Paid $1,200 for the current month's rent. d. Paid $400 cash for office supplies. e. Paid $700 in Salaries Expense. 1. Received $1,100 in cash for service revenue earned this month. A. $2,600 B. $5.900 OC. $5,500 D. $2,300