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Following are transactions for Valdez Services, a company owned by Brina Valdez. a. Brina Valdez...

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Accounting

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Following are transactions for Valdez Services, a company owned by Brina Valdez. a. Brina Valdez invested $20,000 cash in the company In exchange for common stock. b. The company provided services to a client and Immediately received $900 cash. c. The company recelved $10,000 cash from a client in payment for services to be provided next year. d. The company received $3,500 cash from a client in partial payment of accounts receivable. e. The company borrowed $5,000 cash from the bank by signing a note payable. Required: 1. Prepare general Journal entries for the above transactions of Valdez Services. 2. Listed below are the reasons why a transaction would not yield a revenue. Match each of the reasons to the transaction it properly describes. Complete this question by entering your answers in the tabs below. Required 2 Required 1 Prepare general journal entries for the above transactions of Valdez Services. View transaction list Journal entry worksheet 2 3 Brina Valdez invested $20,000 cash in the company in exchange for common stock

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