Business, 06.08.2021 21:50 haleyrene3924
Innovative Consulting Co. has the following accounts in its ledger: Cash, Accounts Receivable, Supplies, Office Equipment, Accounts Payable, Common Stock, Retained Earnings, Dividends, Fees Earned, Rent Expense, Advertising Expense, Utilities Expense, Miscellaneous Expense.
Journalize the following selected transactions for October 20Y2 in a two-column journal.
Oct. 1. Paid rent for the month, $2,800
3. Paid advertising expense, $1,810 S.
Paid cash for supplies, $780.
6. Purchased office equipment on account, $11,900.
12. Received cash from customers on account,$3,890.
20. Paid creditor on account, $1,140.
30. Paid telephone bill for the month, $180.
31. Fees earned and billed to customers for the month, $25,900.
31. Paid electricity bill for the month, $310.
31. Paid dividends, $2,000.
Answers: 1
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Innovative Consulting Co. has the following accounts in its ledger: Cash, Accounts Receivable, Suppl...
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