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MU NOW Transactions and T Accounts The following selected transactions were completed during January of the current year: 1. Billed customers for fees earned, $58,770.

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MU NOW Transactions and T Accounts The following selected transactions were completed during January of the current year: 1. Billed customers for fees earned, $58,770. 2. Purchased supplies on account, $2,530. 3. Received cash from customers on account, $55,240. 4. Paid creditors on account, $1,530. a. Journalize the transactions in a two-column journal, using the appropriate number to identify the transactions. (1) (2) (3) (4) b. Post the entries prepared in (a) to the following Taccounts: Cash, Supplies, Accounts Receivable, Accounts Paya b. Pat the entries prepared in (a) to the following account Cash Supplies Account Rewa, Accounts Payable Fees med to the left of each mont posted in the counted the proper dentify the Cash Ante Receivable Supplies Account Payalde Fees Earned Asume that the need to be a 31 har hace for Account Does the increased

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