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Only Ex 2-7 Analyzing Transactions EX 2-6 OBJ. 1,2 Normal balances of accounts y each of the following enue, or exounts of Dispatch Services Co.
Only Ex 2-7 Analyzing Transactions EX 2-6 OBJ. 1,2 Normal balances of accounts y each of the following enue, or exounts of Dispatch Services Co. as asset, liability, owners e- and state in each case whether the normal balance is a debit or a creit uity, revenue, or expense a. Accounts Payable b. Accounts Receivable c. Ashley Griffin, Capital d. Ashley Griffin, Drawing e. Cash f. Fees Earned g. Office Equipment h. Rent Expense i. Supplies i. Wages Expense OBJ. 2 EX 2-7 Transactions ling Co. has the following accounts in its ledger: Cash, Accounts Receivable; es; Office Equipment, Accounts Payable: Jason Payne, Capital; Jason Payne, Drawing Concrete Consulting e Consu Rent Expense; Advertising Expense; Utilities Expense; Miscellaneous Expense. Journ Journal entry explanations may be omitted. Oct. 1. Paid rent for the month, $3,600. alize the following selected transactions for October 2019 in a two-column journal. 3. Paid advertising expense, $1,200. 5. Paid cash for supplies, $750. 6. Purchased office equipment on account, $8,000. 10. Received cash from customers on account, $14,800. 15. Paid creditors on account, $7,110. 27. Paid cash for miscellaneous expenses, $400. 30. Paid telephone bill (utility expense) for the month, $250 31. Fees earned and billed to customers for the month, $33,100. 31. Paid electricity bill (utility expense) for the month, $1,050. 31. Withdrew cash for personal use, $2,500. . EX 2-8 Journalizing and posting On September 18, 2019, Afton Company purchased $2,475 of supplies on accou Afton Company's chart of accounts payable account is No. 21. a. Journalize the September 18, 2019, transaction on page 87 of Afton Company , the supplies account is No. 15, and the acc column iournal, Include an explanation of the entry
Only Ex 2-7
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