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Homework answers / question archive / Some of MAC's transactions during the month of January are as follows

Some of MAC's transactions during the month of January are as follows

Accounting

Some of MAC's transactions during the month of January are as follows. Which transaction, if any, is recognised as an expense for the month of January?

 

 

 

Paid a supplier $200 for goods purchased on credit in November.

 

Purchased a motor vehicle for $25 000 cash.

 

Purchased stationery to the value of $125 on credit, to be paid for in February.

 

Paid $10 000 off a loan obtained during December.

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