Following are the transactions for Valdez Services. a. The company paid $12, 200 cash for paymen…

Following are the transactions for Valdez Services. a. The company paid $12, 200 cash for paymen…

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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). Required: Examine the above transactions and identify those that create expensed for Valdez Services. (produce a check mark for a correct answer and double click the box with the question mark Transaction a. Transaction b. Transaction c. Transaction d. Transaction e.

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