Newport Ltd had the following transactions. Which transaction represented an expense for August, 2022 under the accrual basis of accounting? a. Purchased a computer for $5 300 cash in August. b. Paid $2580 in August for repair work performed on its delivery van in July. c. Paid $89 000 in August for settlement of a loan obtained ten months earlier. d. Purchased $235 of petrol on credit in August for the delivery van. The account will be paid in the month of October. e. The proprietor withdrew $1750 worth of Inventory from the business in the month of August for private use