Under accrual basis accounting, expenses are recognized when incurred, which means the activity giving rise to the expense has occurred. Assume the following transactions occurred in January 2017: 

a. Gateway pays its computer service technicians $90,000 in salary for work done in January 2017. Answer from Gateway’s standpoint. 

b. At the beginning of January, Turnboldt Construction Company pays $4,500 in rent for February to April 2017. 

c. Assume that McGraw-Hill Education—publisher of this textbook and BusinessWeek—use $1,000 worth of electricity and natural gas in January for which it has not yet been billed. 

d. Pooler Company receives and pays in January a $1,500 invoice from a consulting firm for services received in January. 

e. The campus bookstore receives consulting services at a cost of $5,000. The terms indicate that payment is due within thirty days of the consultation. 

f. Schergevitch Incorporated has its delivery van repaired in January for $280 and charges the amount on account. 

Required: 

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