Under accrual basis accounting, expenses are recognized when incurred. The following transactions occurred in January Required: For each of the transactions, it an expense is to be recognized in January, indicate the amount (Enter your answers in dollars but not in millions.) Amount Activity AMZ Wealth Management paid its salespersons 54,300 in commissions related a to December sales of financial advisory services Answer from AMZ Wealth Management's standpoint On January 31, AMZ Wealth Management determined that it will pay its b. Salespersons $6 350 in commissions related to January sales. The payment will be made in early February Answer from AMZ Wealth Management's standpoint The city of Omaha tured RM, Inc. to provide trash collection services beginning c. January 1. The city and 513 2 million for the entire year Answer from the city's standpoint The University of Flonda pod 519.650 in advance for refundable airline tickets to d by the baseball team to a tournament in California. The first game will be played in March Answer from the rwversity's standpoint A Houston Community College employee worked eight hours, at $10 per hour on Jay 31, payday is not until February 3 Answer from the collega's point of Www Wang Company and 54,320 for a fire insurance policy on January 1. The policy De