The following selected transactions were completed during August of the current year Transactions Aug 1 4 Billed customers for fees earned $74,140 Purchased supplies on account. $2,150 Received cash from customers on account, $62,770 Pald creditors on account, $890 8 11 Required: A Journal these transactions in a wo-column ournal Relor to the chart of accounts for the exact wording or the account tes CNOW journal do not use lines for journal explanations. Every ine on a journal page is used for debit or crecle entries. CNOW Journals will automatically indent a credit entry when a credit amount is entered B. Post the entries propared in (A) to the following accounts: Cash, Supples Accounts Receivable, Accounts Payable, Foes Eamed. To the len 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 Recewablo. Does this crede balance mean that an error has occurred? A. Journalize these transactions in a two-column own. Refer to the chart of accounts for the exact wording of the account. CNOW foumale do not use lines for journal explanations. Every line on a journal page is used for dobil or credil entries. CNOW foumals will automatically indent a credit entry when a credit amount in entered PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DULOTON POSTRE DET CREDIT ASSETS LALITIES LOUITY X C. Assume that the unadjusted trial balance on August 31 shows a credit balance for Accounts Receivable. Does this credit balance mean that an error has occurred? O Yes O No 1 2