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The following transactions are July 2019 activities of Bob's Bowling, Inc., which operates several bowling centers (for games and equipment sales).
Activity
a. Bob's sold bowling merchandise costing $2,110 in July. b. Bob's paid $2,000 on the electricity bill for June. c. Bob's paid $4,200 to employees for work in July. d. Bob's purchased $1,500 in insurance for coverage from July 1 to October 31. e. Bob's paid $1,000 to plumbers for repairing a broken pipe in the restrooms in July. f. Bob's received the July electricity bill for $2,300 to be paid in August. Problem 1: How much expenses Bob's should record in July 2019?
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