balance sheet None of these The following transactions, among others, occurred during August. Which transaction represented an expense for August? * Purchased a computer for P30,000 cash Paid P23,000...

Extracted text: balance sheet None of these The following transactions, among others, occurred during August. Which transaction represented an expense for August? * Purchased a computer for P30,000 cash Paid P23,000 in settlement of a local obtained three months earlier Paid P10,000 to an auto mechanic for repair work performed in June Purchased P7,000 of engine oil on O account for the delivery truck. Account will be paid in September. Which of the following cannot be