Ex. 2-7 20Y3 Oct. 1 3 5 6 10 15 27 30 31 31 31 w now EX 2-7 Transactions OBJ.2 Simmons Consulting Co. has the following accounts in its ledger: Cash; Accounts Receivable; Supplies; Office Equipment, Accounts Payable; Michael Short, Capital; Michael Short, Drawing Fees Eamed; Rent Expense; Advertising Expense; Utilities Expense: Miscellaneous Expense. Journalize the following selected transactions for October 2013 in a two-column jour- nal Journal entry explanations may be omitted. Oct 1. Paid rent for the month, $4,800. 3. Paid advertising expense, $2,500. 5. Paid cash for supplies, $1,390. 6. Purchased office equipment on account, $10.670. 10. Received cash from customers on account, $19.730. 15. Paid creditors on account, $9,480. 27. Paid cash for miscellaneous expenses. $530. 30. Paid telephone bill (utility expense) for the month, $220, 31. Fees earned and billed to customers for the month, $58,620. 31. Paid electricity bill (utility expense) for the month, $1.510. 31. Withdrew cash for personal use. $6.700