For each transacFor each transaction below, calculate the amount of expense to be recorded in the current period using accrual-basis accounting: Required: a. Paid $4,400 on account for supplies purchased last period. All supplies were used last month. b. Paid $5,300 cash for advertising in the current period. c. Employees worked in the current period but will not be paid until the following period, $4,200.tion below, calculate the amount of expense to be recorded in the current period using accrual-basis accounting: Required: a. Paid $4,400 on account for supplies purchased last period. All supplies were used last month. b. Paid $5,300 cash for advertising in the current period. c. Employees worked in the current period but will not be paid until the following period, $4,200