Journalizing and Posting On February 11, 2099, Quick Fix Company purchased $2,310 of supplies on account. In Quick Fix's chart of accounts, the supplies account is No. 15, and the accounts payable account is No. 21. a. Journalize and insert the posting reference for the February 11, 2049, transaction on page 73 of Quick Fix Company's two-column journal. If an amount box does not require an entry, leave it blank. Page: 73 DATE ACCOUNT TITLE POST. REF DEBIT CREDIT 12/11/2079 Supplies 1 2 Accounts Payable 2 b. & d. Enter a debit balance of $1,110 as of February 1, 2049. Place a check mark (/) in the Posting Reference column. Post and insert the posting reference for the February 11, 2089, transaction to the account. If an amount box does not require an entry, leave it blank. GENERAL LEDGER Account : Supplies Account No. 15 DATE ITEM POST REF DEBIT CREDIT BALANCE DEBIT CREDIT 2/1/2049 Balance 2/11/2019 accounts payable c. & d. Enter a credit balance of $16,450 as of February 1, 2049. Place a check mark () in the Posting Reference column. Post and insert the posting reference for the February 11, 2019, transaction to the account. If an amount box does not require an entry, leave it blank. GENERAL LEDGER Account : Accounts Payable Account No. 21 DATE ITEM POST. REF DEBIT CREDIT BALANCE DEBIT CREDIT 2/1/2049 Balance 2/11/2019 supplies Check My Wor c. See thellustration in Exhibit in the text Every account is in the ledger which usually uses a formal 4-column account presentation rather than accounts d. Transfer the information from the joumal entry to each appropriate account in the ledger e. Do the rules of debit and credit apply to all companies? Yes v