Under accrual basis accounting, expenses are recognized when incurred, which means the activity giving rise to the expense has occurred.

Required:

Assume the following transactions occurred in January. For each of the transactions, if an expense is to be recognized in January, indicate the amount.

$\backslash$table$[[$Transaction$,$Amount,$],[$a$.,\backslash$table$[[$Gateway pays its computer service technicians $$96,000$ in salary for work done in January. Answer$],[$from Gateway's standpoint.$]],],[$b$.,\backslash$table$[[$At the beginning of January, Turnboldt Construction Company pays $$5,400$ in rent for February to$],[$April$.]],],[$c$.,\backslash$table$[[$Assume that McGraw$-$Hill Education$-$publisher of this textbook $-$ uses $$1,300$ worth of electricity and$],[$natural gas in January for which it has not yet been billed.$]],],[$d$.,\backslash$table$[[$Pooler Company receives and pays in January a $$1,800$ invoice from a consulting firm for services$],[$received in January.$]],\backslash$table$[[$The campus bookstore receives consulting services at a cost of $$5,600.$ The terms indicate that$],[$payment is due within thirty days of the consultation.$]]],[$e$.,\backslash$table$[[$Schergevitch Incorporated has its delivery van repaired in January for $$340$ and charges the amount$],[$on account.$]],]]$