E3-6 (Algo) Identifying Accrual Basis Expenses [LO 3-1, LO 3-2] Under accrual basis accounting, expenses are recognized when incurred, which means the activity giving rise to the expense has occurred. Assume the following transactions occurred in January: Required: For each of the transactions, if an expense is to be recognized in January, indicate the amount. Activity es a. Dugg paid its computer service technicians $99,000 in salary for work done in January. Answer from Dugg's standpoint. b. At the beginning of January, Turner Construction Company paid $6,900 in rent for February-April. c. McGraw-Hill Education-publisher of this textbook-used $5,600 worth of electricity and natural gas in January, which it has not paid or recorded. d. Pooler Company received and paid in January a $3,200 invoice from a consulting firm for services received in January. e. The campus bookstore received consulting services at a cost of $9,350. The terms indicate that payment is due within 30 days of the consultation. f. Schergevitch Incorporated had its delivery van repaired in January for $425 and charged the amount on account. Amount.