The following transactions,among others,occurred during February.Which transaction represented an expense during February?
A) Purchased a computer 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 December.
D) Purchased $400 of petrol on account for the delivery trucks.Account will be paid during March.

Question

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The Answer of The following transactions,among others,occurred during February.Which transaction represented an expense during February?
A) Purchased a computer 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 December.
D) Purchased $400 of petrol on account for the delivery trucks.Account will be paid during March.

The Following Transactions,among Others,occurred During February