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Chan of Accounts General Journal Final Question Instructions On November 15, Great Designs Company purchased an advertising campaign for the month of December. Great Designs

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Chan of Accounts General Journal Final Question Instructions On November 15, Great Designs Company purchased an advertising campaign for the month of December. Great Designs paid cash of $2,700 in advance. The advertising campaign ran in December and was completed on December 31. Required: (a) Prepare all necessary journal entrik for the advertising campaign for November and December Refer to the Chart of Accounts for exact wording of account titles. (b) Why are these journal entries prepared? Previous Next Submit Test for Grading 1042 PM A de ENG 9/20/2019 Email Instructor All work saved. e U.com wcgetSkeALgAmentMain.dofinvoker finished&takeAssignmentSessionlocator-assignment-take&inprogress-false Calculator Listed below are accounts to use for transactions (a) through (d), each identified by a number, Following are the transactions that occurred in Walker's firt month of operations. You need to indicate for each transaction the accounts that should be debited and credted by placing the account number(s) in the appropriate box (d more than one account is applicable, enter the numbers separated by a comma and without any space e-g. "1.3) 1. Cash 2. ccounts Receivable Office Supplies 3. 4. Land 5 Interest Receivable 6. Building 7 Truck Equipment 9. Accounts Payable 10. Interest Payable 11 Insurance Payable 12 Utleies Expense 13 Notes Payable 14. Prepaid Insurance 15. Service Revenue 16 Common Stock 17 Insurance Expense 18 Interest Expensel 19 Office Supplies Expense Unearned Service Revenue 20 21 Dividends Account(s) Debited Account(s) Credited Transactions a. Utlity bill is receiveds payment will be made in 10 days b. Paid the utilty bill previously recorded in transaction (a) c. Bought a three year insurance policy and paid in full Previous Net itcton Submit t for Grad All work saved 1050 PM # d0 BNG a/20/2019 rch

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