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Following are the transactions for Valdez Services

Accounting Jan 28, 2021
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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