Reference no: EM132568268

The following are the transactions of Tracto Mex, corresponding to the month of February:

1. $10,000 was paid for the month's rent.

3. $14,500 was paid for advertising expenses.

4. Spare parts and miscellaneous materials were purchased for $6,000, paying cash.

7. Office equipment was purchased for $14,000, on credit.

8. Customer Luis Garza paid $4,000 of the owed by him, for a service performed in the month past.

13. $3,000 was paid to a creditor from an account pending payment.

20. Maintenance services were provided to the equipment for $11,500, which is the amount paid cash.

24. 15,000 dividends were paid.

28. Services were provided to several clients who were outstanding for a total of $27 000.

28. The month's electric bill was paid for the amount of $3,200.

It's on demand:

Question 1: Record the journal entries for each of the transactions that occurred in the month of February.