Selected ledger accounts used by Metromedia Advertising Inc. are listed along with identifying numbers. Following this list of account numbers and titles is a series of transactions. For each transaction, you are to indicate the proper accounts to be debited and credited. 1 Cash 11 Capital Stock 2 Accounts receivable 12 Retained Earnings 3 Office Supplies 13 Dividends 4 Unexpired Insurance 14 Fees Earned 5 Office Equipment 15 Salaries Expense 6 Accumulated Depreciation: Office 16 Office Supplies: Expense 7 Dividends Payable 17 Rent Expense 8 Accounts Payable 18 Insurance Expense 9 Income Taxes Payables Depreciation expense: office equipment 10 Unearned Fees 20 Inventory Variance 19 Transactions Account (s) debited Account ) credited Received an advance payment from a client for services to be rendered over next six months Paid salaries of employees - Bought a three-year insurance policy and paid in full Performed services for a client, received part offee in cash remainder to be collected in 30 days - Purchased office equipment, paid part in cash, balance payable in 60 days - Purchased a large quantity of office supplies on credit - Declared a dividend to be paid in 45 days Made an adjusting entry for the portion of the insurance premium which had expired Made an adjusting entry to record depreciation for the period - Made an adjusting entry for office supplies used during this period - Made an adjusting entry to recognize that a portion of the Tee received in advance transaction a) had now been earned Paid the dividend declared in transaction 9 m. Made an adjusting entry to accrue income taxes at the end of an unprofitable period n-Closed the income summary account at the end of an unprofitable period - Closed the dividends account at the end of the period