Following are the transactions for Valdez Services.

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Following are the transactions for Valdez Services.

a.	The company paid $12,200 cash for payment on a 16-month-old liability for office supplies.
b.	The company paid $1,233 cash for the just completed two-week salary of the receptionist.
c.	The company paid $39,200 cash for equipment purchased.
d.	The company paid $870 cash for this month’s utilities.
e.	The company paid $4,500 cash in dividends to the owner (sole shareholder).

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