Business, 19.02.2020 05:11 stephanieboyd

A company has the following transactions:1. Pay employees' salaries for the current period.2. Pay rent in advance.3. Pay dividends to stockholders in the current period.4. Receive (but do not pay) a utility bill.5. Use supplies previously purchased. How many of these transactions result in an expense being reported in the current period using cash-basis accounting?

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