Prepare journal entries to record the following transactions for the month of July:
A. On first day of the month, paid rent for current month, $2,000
B. On tenth day of month, paid prior month balance due on accounts, $3,100
C. On twelfth day of month, collected cash for services provided, $5,500
D. On twenty-first day of month, paid salaries to employees, $3,600
E. On thirty-first day of month, paid for dividends to shareholders, $800