Journalizing and Posting On October 3, 2018, Regal Company purchased $2,890 of supplies on account. In Regal's chart of accounts, the supplies account is No. 15, and the accounts payable account is No. 21. a. Journalize the October 3, 2018, transaction on page 91 of Regal Company's two-column journal. Page: 91 DOC. NO. DATE 1 Oct. 3, 2018 2 Account Supplies DATE ACCOUNT TITLE Oct. 3, 2018 b. & d. In the four-column account for Supplies, enter a debit balance of $1,390 as of October 1, 2018. Place a check mark () in the Posting Reference column. Post the October 3, 2018, transaction to the account. For those boxes in which no entry is required, leave the box blank. GENERAL LEDGER Oct. 1, 2018 Balance. ITEM DATE Account Accounts Payable POST. REF. ITEM POST. REF. POST. REF. DEBIT CREDIT DEBIT CREDIT c. & d. In the four-column account for Accounts Payable, enter a credit balance of $20,580 as of October 1, 2018. Place a check mark () in the Posting Reference column. Post the October 3, 2016, transaction to the account. For those boxes in which no entry is required, leave the box blank. GENERAL LEDGER DEBIT CREDIT Account No. 15 BALANCE DEBIT CREDIT 1 Account No. 21 BALANCE 2 DEBIT CREDIT

On October 3, 2018, Regal Company purchased \$2,890 of supples on account. In Hegal's chart of accounts, the supplies account is No. 15, and the accounts payable account is No. 21 . a. Journalize the October 3, 2018, transaction on page 91 of Regal Company's two-column joumal. b. a d. In the four-column account for Supplies, enter a debit balance of $1,390 as of October 1,2018 . Place a check mark ( r ) in the Posting Reference column. Post the October 3, 2018, transaction to the account. For those boxes in which no entor is required, leave the bor blank. column, Post the October 3, 2016, transaction to the account. For those boxes in which no entry is required, leave the bor blank: b. 8d.InthefourcolumnaccountforSupplies,enteradebitbalanceof$1,390 as of october 1,2018 . Place a check mark ( ) in the Posting Reference column. Past the October 3,2018 , transaction to the account. For those boxes in which no entry is required, leave the box blank. c. 8 d. In the four-column account for Accounts Payable, enter a crodt balance of $20,580 as of October 1, 2018, Piace a check mark () in the Posting Reference column. Post the October 3,2016 , transaction to the account, For those bowns in which no entry is required, leave the box blank: e. Do the rules of depbit and cretit apply to oil companies