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Requirement: Journalize the following transactions in a two-column journal using the following account titles: Cash; Accounts Receivable; Supplies; Office Equipment; Accounts Payable; Fees Earned; Rent

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Requirement: Journalize the following transactions in a two-column journal using the following account titles: Cash; Accounts Receivable; Supplies; Office Equipment; Accounts Payable; Fees Earned; Rent Expense; Advertising Expense; Utilities Expense; Miscellaneous Expense Oct 1 Paid rent for the month, $4,800 3 Paid advertising expense, $2,500 5 Paid cash for supplies, $1,390 6 Purchased office equipment on account, $10,670 10 Received cash from customers on account, $19.730 15 Paid creditors on account, $9,480 27 Paid cash for miscellaneous expenses, $530 28 Issued an additional 1700 shares common stock (.50 par value) for $3,150. 30 Paid telephone bill (utility expense) for the month, $220 31 Fees earned and billed to customers for the month, $38,620 31 Paid electricity bill (utility expense) for the month, $1,540

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