On February $11,20$Y$9,$ Quick Fix Company purchased $$2,250$ of supplies on account. In Quick Fix$$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 $11,20$Y$9,$ 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

$2/11/20$Y$9$

fill in the blank $2$

fill in the blank $3$

fill in the blank $4$

fill in the blank $6$

fill in the blank $7$

fill in the blank $8$

b$.$ and d$.$ Enter a debit balance of $$400$ as of February $1,20$Y$9.$ Place a check mark $()$ in the Posting Reference column. Post and insert the posting reference for the February $11,20$Y$9,$ transaction to the accounts. 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 BALANCE

CREDIT

$2/1/20$Y$9$ Balance $$ fill in the blank $9$

fill in the blank $10$

fill in the blank $11$

fill in the blank $12$

$2/11/20$Y$9$ fill in the blank $13$

fill in the blank $14$

fill in the blank $15$

fill in the blank $16$

fill in the blank $17$

c$.$ and d$.$ Enter a credit balance of $$18,300$ as of February $1,20$Y$9.$ Place a check mark $()$ in the Posting Reference column. Post and insert the posting reference for the February $11,20$Y$9,$ 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 BALANCE

CREDIT

$2/1/20$Y$9$ Balance $$ fill in the blank $18$

fill in the blank $19$

fill in the blank $20$

fill in the blank $21$

$2/11/20$Y$9$ fill in the blank $22$

fill in the blank $23$

fill in the blank $24$

fill in the blank $25$

fill in the blank $26$

e$.$ Do the rules of debit and credit apply to all companies?