1. On February 11, 20Y9, Quick Fix Company purchased $3,020 of supplies on account. In Quick Fixs 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, 20Y9, transaction on page 73 of Quick Fix Companys two-column journal. If an amount box does not require an entry, leave it blank.

   Page: 73

   Date	ACCOUNT TITLE	POST. REF.	DEBIT	CREDIT
   2/11/20Y9	Accounts PayableAccounts ReceivableCashSuppliesSupplies Payable	fill in the blank 2	fill in the blank 3	fill in the blank 4
   	Accounts PayableAccounts ReceivableCashSuppliesSupplies Payable	fill in the blank 6	fill in the blank 7	fill in the blank 8

   b. & d. Enter a debit balance of $1,450 as of February 1, 20Y9. Place a check mark () in the Posting Reference column. Post and insert the posting reference for the February 11, 20Y9, 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	BALANCE CREDIT
   2/1/20Y9	Balance		fill in the blank 9	fill in the blank 10	fill in the blank 11	fill in the blank 12
   2/11/20Y9		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. & d. Enter a credit balance of $21,500 as of February 1, 20Y9. Place a checkmark () in the Posting Reference column. Post and insert the posting reference for the February 11, 20Y9, 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
   2/1/20Y9	Balance		fill in the blank 18	fill in the blank 19	fill in the blank 20	fill in the blank 21
   2/11/20Y9		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?

   Yes/No