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). Required: 1. Prepare general Journal entries for the above transactions of Valdez Services. 2. Listed below are three reasons why a transaction would not result in an expense. Match each of the reasons to the transaction it properly describes. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare general Journal entries for the above transactions of Valdez Services. View transaction list Journal entry worksheet A 2 3 4 The company paid $2,000 cash for payment on a 6-month-old account payable for office supplies. 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). Required: 1. Prepare general Journal entries for the above transactions of Valdez Services. 2. Listed below are three reasons why a transaction would not result in an expense. Match each of the reasons to the transaction it properly describes. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare general Journal entries for the above transactions of Valdez Services. View transaction list Journal entry worksheet A 2 3 4 The company paid $2,000 cash for payment on a 6-month-old account payable for office supplies