On September 18, 2019, Afton Company purchased $4,375 of supplies on account. In Afton Companys chart of accounts, the supplies account is No. 15, and the accounts payable account is No. 21.

	Required:
A.	Journalize the September 18, 2019, transaction on page 87 of Afton Companys two-column journal.
B.	Prepare a four-column account for Supplies. Enter a debit balance of $2,400 as of September 1, 2019. Enter Balance in the Item column and place a check mark () in the Posting Reference column.
C.	Prepare a four-column account for Accounts Payable. Enter a credit balance of $18,010 as of September 1, 2019. Enter Balance in the Item column and place a check mark () in the Posting Reference column.
D.	Post the September 18, 2019, transaction to the accounts.
E.	Do the rules of debit and credit apply to all companies?