Journalizing and Posting On October 3, 2018, Regal Company purchased $3,600 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 and insert the posting references for the October on page 91 of Regal Company's two-column journal. ACCOUNT TITLE DOC. NO DATE 1 Oct. 3, 2018 8 POST ER R b. and d. Enter a debit balance of $770 as of October 1, 2018. Ledger account. Place a mark () in the Posting Reference column. Post and insert the posting reference for the October 3, 2018, transaction to the accounts. For those boxes in which no entry is required, leave the box blank. GENERAL LEDGER Account Supplies DATE ITEM REF DEBIT Account No. 15 POST BALANCE CREDIT DEBIT CREDIT DEBIT CREDIT Oct. 1, 2018 Balance Oct. 3, 2018 G. and d. Enter a credit balance of $26,200 as of October 1, 2018. in the Accounts Payable general ledger account. Place check mark (V) in the Posting Reference column. Post and insert the posting reference for the October 3, 2018, transaction to the account. For those boxes in which no entry is required, leave the box blank. GENERAL LEDGER Account Accounts Payable Account No. 21 DATE ITEM POST DEBIT CREDIT BALANCE REF DEBIT CREDIT Oct. 1, 2018 Balance Oct. 3, 2018 e. Do the rules of debit and credit apply to all companies