Reference no: EM132814062

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?