For each transaction below, calculate the amount of expense to be recorded in the current period using accrual-basis accounting:

Required:
a. Paid $4,100 on account for supplies purchased last period. All supplies were used last month.
b. Paid $5,600 cash for advertising in the current period.
c. Employees worked in the current period but will not be paid until the following period, $4,600.

Paid $4,100 on account for supplies purchased last period. All supplies were used last month.

Required A

Paid $4,100 on account for supplies purchased last period. All supplies were used last month.

Expenses to be recorded

$0

Required B

Paid $5,600 cash for advertising in the current period.

	Expenses to be recorded

Required C

Employees worked in the current period but will not be paid until the following period, $4,600

	Expenses to be recorded