Transactions and Accounts The following selected transactions were completed during March of the current year: 1. Milled customers for fees camed, $53,950. 2. Purchased supplies on account, $2,320 3. Received cash from customers on account. $50,710. 4. Paid creditors on account, $1,400 a. Soumalize the transactions in a two-column Journal, using the appropriate number to identify the transactions (1) 2 9 b. Pout the entries prepared in (a) to the following accounts: Cash, Supplies, Accounts Receivable, Accounts Payable, Tees Eamed. To the left of each amount posted in the accounts, select the appropriate number to identify the transactions Cash . Post the entries prepared in (a) to the following T accounts: Cash, Supplies, Accounts Receivable, Accounts Payable, Fees Eamed. To the left of each amount posted in the accounts, select the appropriate number to identify the transactions Cash Accounts Payable Supplies Fees Earned Accounts Receivable Assume that the unadjusted trial balance on March 31shows a credit balance for Accounts Receivable. Does this credit balance mean an error has occurred? Previous Next