[Solved] For each transaction below,calculate the amount of expense to be recognized in the current period using accrual-basis accounting: (a)Paid $3,500 on account for supplies purchased last period.All supplies were used last month. (b)Paid $5,000 cash for advertising in the current period. (c)Employees worked in the current period but will not be paid until the following period,$4,500. Conservationism: An environmental movement that aims to preserve, protect, and restore the natural environment, often through efforts to conserve natural resources and habitats. Radical Environmentalism: An extreme movement that advocates for drastic changes to protect the environment, often focusing on direct action and confrontation. Light Pollution: Excessive, misdirected, or intrusive artificial light that can have adverse effects on human health, wildlife, and the ability to observe stars. Milky Way: The Milky Way is the galaxy that contains our Solar System, characterized by its milky luminescence, which is a band of light formed from stars that cannot be individually distinguished by the naked eye.