mnect Assignment Saved Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indic e. The company paid $4,500 cash in dividends to the owner (sole shareholder). 1. Prepare general journal entries for the above transactions of Valdez Services Answer is not complete. No Transaction General Journal Debit Credit 1 a Accounts payable > 2.000 2 b Salaries expense 1,200 3 c Equipment . 39,000 4 d Utilities expense 800 5 e Dividends 4,500 o e B E (hp B 19 Our ook Connect Assignment Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It de Following are the transactions for Valdez Services a. The company paid $2,000 cash for payment on a 6-month-old account payable for office supplies. b. The company paid $1,200 cash for the just completed two-week salary of the receptionist. c. The company paid $39.000 cash for equipment purchased. d. The company paid $800 cash for this month's utilities e. The company paid $4,500 cash in dividends to the owner (sole shareholder). 1. Prepare general journal entries for the above transactions of Valdez Services Answer is not complete. No Transaction General Journal Credit Debit 2.000 1 a Accounts payable 2. b. Salaries expense 1.200 3 Equipment . 39,000