the following selected transactions were completed during august of the current year

ions Aug. 1 4 8 11 Billed customers for fees earned, $74,270 Purchased supplies on account, $2,200 Received cash from customers on account, $63,510. Paid creditors on account, $860. A-Journalize these transactions in a two-column journal. B. Post the entries prepared in (A) to the following T accounts: Cash, Supplies, Accounts Receivable, Accounts Payable, Fees Earned. To the left of each amount posted in the accounts, select the appropriate date. C. Assume that the unadjusted trial balance on August 31 shows a credit balance for Accounts Receivable. Does this credit KPr Previous Ne Check My Work