The following information pertains to Sooner Company:May 1 Customer ordered an installation service to be done by Sooner Company on May 15.May 2 Customer paid cash for the installation job to be done on May 15.May 8 The Sooner Company purchased installation supplies on account for the job.May 15 The installation job was started and completed.May 20 Amount owed for supplies purchased on May 8 is paid.Assuming that Sooner Company uses cash-basis accounting, when would the company record the expense related to the supplies?
A. May 2.
B. May 15.
C. May 8.
D. May 20.
Answer: D
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