Help Save & Exit Submit Check my work 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 a. Dugg paid its computer service technicians $121,000 in salary for work done in January. Answer from Dugg's standpoint. b. At the beginning of January. Turner Construction Company paid $9.000 in rent for February-April c. McGraw-Hill Education-publisher of this textbook-used $3,650 worth of electricity and natural gas in January, which it has not paid or recorded. d. Pooler Company received and paid in January a $1,300 invoice from a consulting firm for services received in January e. The campus bookstore received consulting services at a cost of $6,550. The terms indicate that payment is due within 30 days of the consultation. f. Schergevitch Incorporated had its delivery van repaired in January for $680 and charged the amount on account. Amount