The following transactions are July 2004 activities of Bob's Bowling, Inc., which operates several bowling centers (for games and equipment sales). If expense is to be recognized in July, indicate the expense account title and amount. If expense is not to be recognized in July, explain why.LO1

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Activity e. Bob's sold bowling merchandise costing $2.000. f. Bob's paid $2,000 for the June electricity bill and received the July bill for $2.200. which will be paid in August. g. Bob's paid $4,000 to employees for work in July. h. Bob's purchased $1,200 in insurance for coverage from July 1 to October 1. i. Bob's paid $1,000 to plumbers for repairing a broken pipe in the restrooms. Expense Account Title and Amount