Determine the net profit of a company for which the following information is available for the month of May. Employee salaries expense.... $180,000 Interest expense... 10,000 Rent expense. 20,000 Consulting revenue............... 400.000 a $230,000 b. $610,000 c. S210,000 d. $190,000 e. $400,000 Rocky Industries received its telephone bill in the amount of $300, and immediately paid it. Rocky's general journal entry to record this transaction will include a a. Credit to Accounts Payable for $300. b. Debit to Accounts Payable for $300. c. Debit to Telephone Expense for $300. d. Debit to Cash for $300. e. Credit to Telephone Expense for $300