Business
Business, 30.08.2021 19:10, sedilei1515

Following are the transactions for Valdez Services. a. The company paid $5,000 cash for payment on a 3-month-old account payable for office supplies.
b. The company paid $2,000 cash for the just completed two-week salary of the receptionist.
c. The company paid $50,000 cash for equipment purchased.
d. The company paid $700 cash for this month’s utilities.
e. The company paid a $2,000 cash dividend to the owner (sole shareholder).

Requried:
Prepare general journal entries for the following transactions of Valdez Services.

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Answers: 3

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Following are the transactions for Valdez Services. a. The company paid $5,000 cash for payment on...

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