Revenues are normally recognized when goods or services have been provided and payment or promise of payment has been received. Expense recognition is guided by an attempt to match the costs associated with the generation of those revenues to the same time period. The following transactions occurred in January 2012:
a. Dell pays its computer service technicians $79,500 in salaries for the two weeks ended January 7. Answer from Dell's standpoint.
b. At the beginning of January, Turner Construction Company pays $4,410 in worker's compensation insurance for the first three months of the year.
c. McGraw-Hill Publishing Company uses $754 worth of electricity and natural gas in its headquarters building for which it has not yet been billed.
d. Arrow Shirt Company completes production of 500 men's shirts ordered by Bon-Ton's Department Store at a cost of $10 each and delivers the order. Answer from Arrow's standpoint.
e. The campus bookstore receives 500 accounting texts at a cost of $43 each. The terms indicate that payment is due within 30 days of delivery.
f. During the last week of January, the campus bookstore sold 450 accounting texts received in (e) at a sales price of $92 each.
g. Fucillo Hyundai, Inc., pays its salespersons $3,200 in commissions related to December automobile sales. Answer from Fucillo's standpoint.
h. On January 31, Fucillo Hyundai, Inc., determines that it will pay its salespersons $4,470 in commissions related to January sales. The payment will be made in early February. Answer from Fucillo's standpoint.
i. A new grill is purchased and installed at a Wendy's restaurant at the end of the day on January 31; a $8,750 cash payment is made on that day.
j. The University of Florida orders 60,000 season football tickets from its printer and pays $5,410 in advance for the custom printing. The first game will be played in September. Answer from the university's standpoint.
k. Carousel Mall had janitorial supplies costing $4,000 in storage. An additional $2,600 worth of supplies was purchased during January. At the end of January, $410 worth of janitorial supplies remained in storage.
l. An Iowa State University employee works eight hours, at $13 per hour, on January 31; however, payday is not until February 3. Answer from the university's point of view.
m. Wang Company paid $3,600 for a fire insurance policy on January 1. The policy covers 12 months beginning on January 1. Answer from Wang's point of view.
n. Darrius Incorporated has its delivery van repaired in January for $300 and charges the amount on account.
o. Haas Company, a farm equipment company, receives its phone bill at the end of January for $202 for January calls. The bill has not been paid to date.
p. Martin Company receives and pays in January a $1,285 invoice (bill) from a consulting firm for services received in January.
q. Parillo's Taxi Company pays a $595 invoice from a consulting firm for services received and recorded in December.

Required:
For each of the transactions, if an expense is to be recognized in January, indicate the expense account title and the amount. If an expense is not to be recognized in January, indicate why.