Instructions Transactions Oct. 1 Paid rent for the month, $2,100 4 Paid advertising expense, $650. 5 Paid cash for supplies, $1,350 6 Purchased office equipment on account, $9,300 12 Received cash from customers on account, $15,600 20 Paid creditor on account, $3,430. 27 Paid cash for miscellaneous expenses, $500. 8555 30 Paid telephone bill for the month, $300. 31 Fees eamed and billed to customers for the month, $51,230. 31 31 Paid dividends, $1,650. Paid electricity bill for the month, $840. Chart of Accounts 11 Cash 12 Accounts Receivable 13 Supplies 14 Office Equipment LIABILITIES 21 Accounts Payable 41 Fees Earned EXPENSES 51 Rent Expense 52 Advertising Expense 53 Utilities Expense 54 Miscellaneous Expense EQUITY 31 Common Stock 32 Retained Earnings 33 Dividends Chait of Accounts Journal DATE DESCRIPTION JOURNAL CREDIT ACCOUNTING EQUATION