=+EX 2-12 Account balances objs. 1, 2, 3

✔c. $284,175 Derby Co. has the following accounts in its ledger: Cash; Accounts Receivable; Supplies;

Office Equipment; Accounts Payable; Terri Burell, Capital; Terri Burell, Drawing; Fees Earned; Rent Expense; Advertising Expense; Utilities Expense; Miscellaneous Expense.

Journalize the following selected transactions for March 2009 in a two-column journal. Journal entry explanations may be omitted.