E Do the rules of debit and credit apply to a L018, transaction to the accounts Obj. 2, 3 EX 2-9 Transactions and T accounts The following selected transactions were completed 1. Billed customers for fees earned, $54,100. 2. Purchased supplies on account, $1,250 3. Received cash from customers on account, $43,800. MPLATE during March of the current year: 4. Paid creditors on account, $600 the appropriate number to in (A) to the following T accounts: Cash, Supplies, Accounts rn shows a credit balance for Obj. 1, 2, 3 A. Journalize these transactions in a two-column journal, usinb identify the transactions. Journal entry explanations may be omitted Receivable, Accounts Payable, Fees Earned. To the left of each amount posteu place the appropriate number to identify the transaction. C. Assume that the unadjusted trial balance on March 31 shows a cr Accounts Receivable. Does this credit balance mean an error has occurred EX 2-10 Cash account balance .. 475 000 in cash