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PA16.) Prepare journal entries to record the following transactions for the month of July: Use the appropriate date. A. on first day of the month,

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PA16.) Prepare journal entries to record the following transactions for the month of July: Use the appropriate date. 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

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