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Sot Required information (The following information applies to the questions displayed below] Below are several transactions for company. A junior accountant recenty employed by the

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Sot Required information (The following information applies to the questions displayed below] Below are several transactions for company. A junior accountant recenty employed by the company, proposes to record the following transactions External Transaction Accounts Debt Credit 1: Pay cash dividends of 5700 to stockholders 70 Dividends 780 2 Provide services on account for customers. 55,200 Service 3. Pay $40 tilities bill for the current period 40 ilities Expense Cash 40 4 Receive cash of 5350 from previously billed customers. Service 150 5. Pay for supplies previously purchased on account. 51.100 Seeplies Expense Cash 2. Provide a correct entry for each of the transactions classified as incorrect. If no entry is required to correct a transactionevent. select "No Journal Entry Required in the first account field) View transaction list Journal entry worksheet 1 2 3 4 5 > Pay cash dividends of $780 to stockholders Note tatar debts before credits General Journal Debat Credit Transaction 1 Record entry Clear entry View all Journal entry worksheet Provide services on account for customers, $3,200. Note: Enter debits before credits General Journal Debit Credit Transaction 2 Record entry Clear entry View general Journal Journal entry worksheet

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