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Instructions Chart of Accounts Journal Instructions Innovative Consulting Co. has the following accounts in its ledger: Cash; Accounts Receivable, Supplies; Office Equipment; Accounts Payable; Common

Instructions Chart of Accounts Journal Instructions 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. Transactions Oct. Paid rent for the month, $2,800. 4 Paid advertising expense, $500. 5 Paid cash for supplies, $1,300. 6 Purchased office equipment on account, $9,500. 12 Received cash from customers on account, $15,500. 20 Paid creditor on account, $3,040. 27 Paid cash for miscellaneous expenses, $570. 30 Paid telephone bill for the month, $375 31 Fees eamed and billed to customers for the month, $50,540. 31 Paid electricity bill for the month, $840. 31 Paid dividends, $1,900. Joumalize the preceding selected transactions for October 2012 in a two-column joumal. Refer to the Chart of Accounts for exact wording of account bities

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