help Save & Exit Submit For each transaction below, calculate the amount of expense to be recognized in the current period using accrual basis accounting: a. Pald $4,200 on account for supplies purchased last period. All supplies were used last period. Expense to be recognized b. Paid $5,200 cash for advertising for the current period. Expense to be recognized c. Employees worked in the current period but will not be paid until the following period, $4,300. Expense to be recognized