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Recognise expenses Calculate the total expenses for the month of February 2022, given the following transactions. 1 Paid salaries of $21 000; $6000 related to
Recognise expenses Calculate the total expenses for the month of February 2022, given the following transactions. 1 Paid salaries of $21 000; $6000 related to work carried out in January and $15 000 related to February work. 2 Paid commission expenses of $17 000 in February. The commission related to January sales. 3 Paid rent for the month of February of $6000 on 9 February. 4 Received a bill for $800 from a plumber for repair work done on 25 February. This will be paid next month. 5 Purchased a block of land for $700 000 paying cash
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