Pawn Shops Unlimited recorded the following four transactions during April. Which of these transactions would have the same income statement impact in April regardless of whether the company used accrual-basis or cash-basis accounting?
Paid $1,800 for a six-month insurance policy covering the period July 1—December 31.
Received $300 from customers for services performed in March.
Purchased $500 of office supplies on account (supplies were used in May and paid for in May).
Paid $700 for an advertisement that appeared in the May 17 edition of the Las Vegas Sun newspaper.