On September 18, 20Y4, Carbon Company purchased $4,000 of supplies on account. In Carbon Company's chart of accounts, the supplies account is No. 15, and the accounts payable account is No. 21. Required: A. Joumalize the September 18, 20Y4, transaction on page 87 of Carbon Company's two-column journal. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. B. Prepare a four-column account for Supplies. Enter a debit balance of $2,100 as of September 1, 20Y4. Record DATE, POST. REF., a debit or credit and a debit or credit under BALANCE on every line. In CNOW, Item descriptions are used for balances. Enter Balance for ITEM when recording beginning balances. Leave ITEM blank when recording all other entries. In CNOW, Journal pages do not begin with "J". For example journal page 10 POST. REF. is simply 10. Use a for beginning balances. If the ending balance is $0, at least one balance amount should be $0. C. Prepare a four-column account for Accounts Payable. Enter a credit balance of $18,690 as of September 1, 20Y4. Record DATE, POST. REF., a debit or credit and a debit or credit under BALANCE on every line. In CNOW, Item descriptions are used for balances. Enter Balance for ITEM when recording beginning balances. Leave ITEM blank when recording all other entries. In CNOW, Journal pages do not begin with "J". For example journal page 10 POST. REF is simply 10. Use a for beginning balances. If the ending balance is $0, at least one balance amount should be $0. D. Post the September 18, 20Y4, transaction to the accounts. E. Do the rules of debit and credit apply to all companies?

account is No. 21 Required: exact wonting of the acoount hiles. CNOW joumals do nof ust ines for joumal explanations. Every fine on a journal page is used for debt or credt entries CNOW joumals wilf automatically indent a credit enty when a credit amount is entered B. Propare a four-column account for Supplips. Enter a debil balance of \$2, 100 as of September 1, 20Y4. Record OATE, POST, AEF, a debir or credit and a debit or credt under BALANCE on every the. In CNCW, hein descriptions are used for balancms. Enter Balance for ITEM when moording boginning balances. Leave ITEM blank when recording at other entribs. in CNOW, Joumer pages do not begin with "F" For auample joumal page 10 AOST. AEF is simply 10. Use a / for beginning balances. II the ending balance is So, at least one balance amount ahould be a debit or crodi and a debt or credit under BALANCE on every line, hi CNOW, Mem descriptions are used for balances. Entar Balance for ITEM when reconding beginning balances. Leave ITEM blank when moolding all other entries. In CNOW, Journal pages do nof begin with "I For example joumal page 10 FOST. AEF is simply to Use a f for begining balances. if the ending balance is so, at leaut one balance amount should bo so. I Do the ades of debrend credt apply to af companies