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 Journal entry explanations may be omitted If an amount box does not require an entry, leave it blank Oct 1 Paid rent for the month, $2,700 3 Paid advertising expense, $1,700 5 Paid cash for supplies, $730 6 Purchased office equipment on account, $11,200 12 Received cash from customers on account, $3,650 20 Paid creditor on account, $1,070 27 Paid cash for miscellaneous expenses, $460 30 Paid telephone bill for the month, $170 31 Fees earned and billed to customers for the month, $24,300 31 Paid electricity bill for the month, $290 31 Paid dividends, $1,800 20Y2 Oct 1 Accounts PayableAccounts ReceivableCashCommon StockDividendsRent ExpenseRent PayableRent Receivable Select Select Accounts PayableAccounts ReceivableCashCommon StockDividendsRent ExpenseRent PayableRent Receivable Select Select Oct 3 Accounts PayableAccounts ReceivableAdvertising ExpenseAdvertising PayableAdvertising RevenueCashCommon StockDividends Select Select Accounts PayableAccounts ReceivableAdvertising ExpenseAdvertising PayableAdvertising RevenueCashCommon StockDividends Select Select Oct 5 Accounts PayableAccounts ReceivableCashCommon StockDividendsSuppliesSupplies PayableSupplies Revenue Select Select Accounts PayableAccounts ReceivableCashCommon StockDividendsSuppliesSupplies PayableSupplies Revenue Select Select Oct 6 Accounts PayableAccounts ReceivableCashCommon StockDividendsOffice EquipmentOffice Equipment ExpenseOffice Equipment Payable Select Select Accounts PayableAccounts ReceivableCashCommon StockDividendsOffice EquipmentOffice Equipment ExpenseOffice Equipment Payable Select Select Oct 12 Accounts PayableAccounts ReceivableCashCommon StockDividendsFees EarnedFees ExpenseFees Payable Select Select Accounts PayableAccounts ReceivableCashCommon StockDividendsFees EarnedFees ExpenseFees Payable Select Select Oct 20 Accounts PayableAccounts ReceivableCashCommon StockDividendsFees ExpenseMiscellaneous ExpenseNotes PayableNotes Receivable Select Select Accounts PayableAccounts ReceivableCashCommon StockDividendsFees ExpenseMiscellaneous ExpenseNotes PayableNotes Receivable Select Select Oct 27 Accounts PayableAccounts ReceivableCashCommon StockDividendsMiscellaneous ExpenseMiscellaneous PayableMiscellaneous Revenue Select Select Accounts PayableAccounts ReceivableCashCommon StockDividendsMiscellaneous ExpenseMiscellaneous PayableMiscellaneous Revenue Select Select Oct 30 Accounts PayableAccounts ReceivableCashCommon StockDividendsUtilities ExpenseUtilities PayableUtilities Revenue Select Select Accounts PayableAccounts ReceivableCashCommon StockDividendsUtilities ExpenseUtilities PayableUtilities Revenue Select Select Oct 31 Accounts PayableAccounts ReceivableCashCommon StockFees EarnedFees ExpenseFees PayableRetained Earnings Select Select Accounts PayableAccounts ReceivableCashCommon StockDividendsFees EarnedFees ExpenseFees PayableUnearned Fees Select Select Oct 31 Accounts PayableCashCommon StockNotes ReceivableRetained EarningsUtilities ExpenseUtilities PayableUtilities Revenue Select Select Accounts PayableAccounts ReceivableCashCommon StockDividendsUtilities ExpenseUtilities PayableUtilities Revenue Select Select Oct 31 Accounts PayableCashCommon StockDividendsDividends ExpenseFees ExpenseRetained EarningsWages ExpenseWages Payable Select Select Accounts PayableAccounts ReceivableCashCommon StockDividendsFees ExpenseWages ExpenseWages Payable Select Select

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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,

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. Journal entry explanations may be omitted. If an amount box does not require an entry, leave it blank.

Oct. 1.	Paid rent for the month, $2,700.
3.	Paid advertising expense, $1,700.
5.	Paid cash for supplies, $730.
6.	Purchased office equipment on account, $11,200.
12.	Received cash from customers on account, $3,650.
20.	Paid creditor on account, $1,070.
27.	Paid cash for miscellaneous expenses, $460.
30.	Paid telephone bill for the month, $170.
31.	Fees earned and billed to customers for the month, $24,300.
31.	Paid electricity bill for the month, $290.
31.	Paid dividends, $1,800.

20Y2 Oct. 1	Accounts PayableAccounts ReceivableCashCommon StockDividendsRent ExpenseRent PayableRent Receivable	- Select -	- Select -
	Accounts PayableAccounts ReceivableCashCommon StockDividendsRent ExpenseRent PayableRent Receivable	- Select -	- Select -
Oct. 3	Accounts PayableAccounts ReceivableAdvertising ExpenseAdvertising PayableAdvertising RevenueCashCommon StockDividends	- Select -	- Select -
	Accounts PayableAccounts ReceivableAdvertising ExpenseAdvertising PayableAdvertising RevenueCashCommon StockDividends	- Select -	- Select -
Oct. 5	Accounts PayableAccounts ReceivableCashCommon StockDividendsSuppliesSupplies PayableSupplies Revenue	- Select -	- Select -
	Accounts PayableAccounts ReceivableCashCommon StockDividendsSuppliesSupplies PayableSupplies Revenue	- Select -	- Select -
Oct. 6	Accounts PayableAccounts ReceivableCashCommon StockDividendsOffice EquipmentOffice Equipment ExpenseOffice Equipment Payable	- Select -	- Select -
	Accounts PayableAccounts ReceivableCashCommon StockDividendsOffice EquipmentOffice Equipment ExpenseOffice Equipment Payable	- Select -	- Select -
Oct. 12	Accounts PayableAccounts ReceivableCashCommon StockDividendsFees EarnedFees ExpenseFees Payable	- Select -	- Select -
	Accounts PayableAccounts ReceivableCashCommon StockDividendsFees EarnedFees ExpenseFees Payable	- Select -	- Select -
Oct. 20	Accounts PayableAccounts ReceivableCashCommon StockDividendsFees ExpenseMiscellaneous ExpenseNotes PayableNotes Receivable	- Select -	- Select -
	Accounts PayableAccounts ReceivableCashCommon StockDividendsFees ExpenseMiscellaneous ExpenseNotes PayableNotes Receivable	- Select -	- Select -
Oct. 27	Accounts PayableAccounts ReceivableCashCommon StockDividendsMiscellaneous ExpenseMiscellaneous PayableMiscellaneous Revenue	- Select -	- Select -
	Accounts PayableAccounts ReceivableCashCommon StockDividendsMiscellaneous ExpenseMiscellaneous PayableMiscellaneous Revenue	- Select -	- Select -
Oct. 30	Accounts PayableAccounts ReceivableCashCommon StockDividendsUtilities ExpenseUtilities PayableUtilities Revenue	- Select -	- Select -
	Accounts PayableAccounts ReceivableCashCommon StockDividendsUtilities ExpenseUtilities PayableUtilities Revenue	- Select -	- Select -
Oct. 31	Accounts PayableAccounts ReceivableCashCommon StockFees EarnedFees ExpenseFees PayableRetained Earnings	- Select -	- Select -
	Accounts PayableAccounts ReceivableCashCommon StockDividendsFees EarnedFees ExpenseFees PayableUnearned Fees	- Select -	- Select -
Oct. 31	Accounts PayableCashCommon StockNotes ReceivableRetained EarningsUtilities ExpenseUtilities PayableUtilities Revenue	- Select -	- Select -
	Accounts PayableAccounts ReceivableCashCommon StockDividendsUtilities ExpenseUtilities PayableUtilities Revenue	- Select -	- Select -
Oct. 31	Accounts PayableCashCommon StockDividendsDividends ExpenseFees ExpenseRetained EarningsWages ExpenseWages Payable	- Select -	- Select -
	Accounts PayableAccounts ReceivableCashCommon StockDividendsFees ExpenseWages ExpenseWages Payable	- Select -	- Select -