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IV. The Mojito Computer Store had the following transactions in February 2022. For each transaction, indicate in the space provided how much, if any,
IV. The Mojito Computer Store had the following transactions in February 2022. For each transaction, indicate in the space provided how much, if any, revenue or expense should be recorded in February. (1 point each) 1. Paid $1,000 in sales commissions to sales persons related to sales that were made in January. Amount of expense to be recorded in February 2. Paid $3,600 in February for a one-year insurance policy to cover the period from February 2022 - January 2023. Amount of expense to be recorded in February 3. Sold a computer to a customer in the amount of $1,200. Delivered the computer in February. Customer paid in March Amount of revenue to be recorded in February 4. Received a telephone bill for February in the amount of $250. The bill is not due for payment until March 15. Amount of expense to be recorded in February 5. Collected $1,500 in February from a customer for a computer to be delivered in March. Amount of revenue to be recorded in February
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