question archive Following are the transactions for Valdez Services
Subject:AccountingPrice: Bought3
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). |