Transactions and T Accounts The following selected transactions were completed during October of the current year: 1. Billed customers for fees earned, $50,640. 2. Purchased supplies on account, $2,180. 3. Received cash from customers on account, $47,600 4. Paid creditors on account, $1,320. a. Journalize these transactions in a two-column journal, wsing the appropriate number to ldentify the transactions. Journal entry explanations may be omitted. If an amount box does not require an entry, leave it blank. b. Post the entries prepared in (a) to the following T accounts: Cash, Supplies, Accounts Receivable, Accounts Payable, Fees Earned. To the ieft of each amount potted in the accounts, select the appropriate number to identify the transaction. b. Post the entries prepared in (a) to the following Taccounts: Cash, Supplies, Accounts Recelvabie, Accounts Parable, Fees Eamed. To the left of each amount posted in the accounts, select the appropriate number to identily the transaction. c. Assume that the unadjusted trial balance on October 31 shows a credit balance for Accounts Receivable, Does this credit balance mean an error has occurred