Kelsey Allerton began a music business in July 2016. Allerion prepares monthly financial statements and uses the accrual basis of accounting The folowing transactions are Allerton Company's only actvitlies duning July th Jul 14 Bought music on account for $25, wilth payment to the supplier due in 90 days Aug 3 Performed a job on account for Jiemmy Jones for $40, collectible from Jones in 30 days. Used up all the music purchased on July 14 Sep 16 Collected the $40 receivable from Jones Oct 22 Paid the $25 owed to the supplier from the July 14 ransaction In which month should Allerion record the cost of the music as an expense? O B. Sephember O D. October Click to select your answer 2/12/2018 O Type here to search beatsoudo 16 8 9 0