Under accrual basis accounting, expenses are recognized when incurred, which means the activity giving rise to the expense has occurred. Assume the following transactions occurred in January: Required: For each of the transactions, if an expense is to be recognized in January, indicate the amount. Activity a. Dugg paid its computer service technicians $114,500 in salary for work done in January. Answer from Dugg's standpoint. b. At the beginning of January, Turner Construction Company paid $6,000 in rent for February-April. C. d. e. f. McGraw-Hill Education-publisher of this textbook-used $5,350 worth of electricity and natural gas in January, which it has not paid or recorded. Pooler Company received and paid in January a $1,600 invoice from a consulting firm for services received in January. The campus bookstore received consulting services at a cost of $7,300. The terms indicate that payment is due within 30 days of the consultation. Schergevitch Incorporated had its delivery van repaired in January for $725 and charged the amount on account. Amount