ACC101_-_SP_2025_-_Block_5_-_2_3888.webp
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ACC101_-_SP_2025_-_Block_5_-_2_3888.webp

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Kizspy Question: 2
(Choose 1 answer)
FLUSTERI LOW LOW
The following transactions, among others, occurred during August. Which transaction represented an expense
during August
A. Purchased office supplies for $3000 cash
B. Paid $3300 in settlement of a loan obtained three months earlier
C. Paid $500 to a garage mechanic for automobile repair work performed in June
D. Rent a space for office on account. The rental amount will be paid in the next 2 months.
E. None of these

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