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counts Receivable Supplies Office Equipment Accounts Payable Common Stock ained Earnings Dividends Fees Earned Rent...

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counts Receivable Supplies Office Equipment Accounts Payable Common Stock ained Earnings Dividends Fees Earned Rent Expense Advertising Expense ties Expense Miscellaneous Expense Transactions 1 Oct Paid rent for the month 2 500 Paid advertising expense 600 5 Paid cash for supplies 1 200 www348NGGA Purchased office equipment on account 9 200 Received cash from customers on account 15 900 20 Paid creditor on account 3 410 Paid cash for miscellaneous expenses 550 27 30 Paid telephone bill for the month 400 31 Fees earned and billed to customers for the month 50 170 Paid electricity bill for the month 830 31 Paid dividends 1 850 ASSETS CHART OF ACCOUNTS Innovative Consulting Co General Ledger 11 Cash 12 Accounts Receivable 13 Supplies 14 Office Equipment LIABILITIES 21 Accounts Payable EQUITY 31 Common Stock 32 Retained Earnings REVENUE 41 Fees Earned EXPENSES 51 Rent Expense 52 Advertising Expense 53 Utilities Expense 54 Miscellaneous Expense Journalize the transactions for October 20Y2 in a two column journal Refer to the Chart of Accounts for account titles 1 2 3 4 5 6 7 8 9 10 DATE JOURNAL DESCRIPTION POST REF DEBIT CREDIT ACCOUNTING ASSETS LIABIL 4

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