On January 7, 2016, Captec Company purchased $3900 of supplies on account. In Captec Companys chart of accounts, the supplies account is No. 15, and the accounts payable account is No. 21. a. Journalize the January 7, 2016, transaction on page 33 of Captec Companys two-column journal. Include an explanation of the entry. b. Prepare a four-column account for Supplies. Enter a debit balance of $2,150 as of January 1, 2016. Place a check mark ( ) in the Posting reference column. c. Prepare a four-column account for Accounts Payable. Enter a credit balance of $18,450 as of January 1, 2016, transaction to the accounts. d. Post the January 7, 2016, transaction to the accounts. e. **** Do the rules of debit and credit apply to all companies?