Transactions

Innovative Consulting Co. has the following accounts in its ledger: Cash, Accounts Receivable, Supplies, Office Equipment, Accounts Payable, Common Stock, Retained Earnings, Dividends, Fees Earned, Rent Expense, Advertising Expense, Utilities Expense, Miscellaneous Expense.

Journalize the following selected transactions for October 20Y2 in a two-column journal. Journal entry explanations may be omitted. If an amount box does not require an entry, leave it blank.

Oct. 1.	Paid rent for the month, $2,500.
4.	Paid advertising expense, $1,000.
5.	Paid cash for supplies, $1,800.
6.	Purchased office equipment on account, $11,500.
12.	Received cash from customers on account, $7,500.
20.	Paid creditor on account, $2,700.
27.	Paid cash for miscellaneous expenses, $700.
30.	Paid telephone bill for the month, $475.
31.	Fees earned and billed to customers for the month, $42,400.
31.	Paid electricity bill for the month, $900.
31.	Paid dividends, $1,500.

Transactions Innovative Consulting Co, has the following accounts in its ledger: Cash, Accounts Receivable, Supplies, Office Equipment, Accounts Payable, Common Stock, Retained Earnings, Dividends, Fees Eamed, Rent Expense, Advertising Expense, Utilities Expense, Miscellaneous Expense. Journalue the following selected transactions for October 2012 in a two-column journal Journal entry explanations may be omitted. If an amount box does not require an entry, leave it blank. Oct. 1. Paid rent for the month, $2,500. 4. Paid advertising expense, $1,000. S. Paid cash for supplies, $1,800. 6. Purchased office equipment on account, $11,500. 12. Received cash from customers on account, $7,500. 20. Paid creditor on account, $2,700. 27. Paid cash for miscellaneous expenses, $700. 30. Paid telephone bill for the month, $475 31. Fees earned and billed to customers for the month, $42,400. 31. Paid electricity bill for the month, $900. 31. Paid dividends, $1,500 88 2012 Oct. 1 Oct. 4 Oct. 5 Oct. 6 Oct. 12 Oct. 20 Oct. 27 Oct. 30 Oct. 31 00 Oct. 20 Oct. 27 Oct. 30 Oct. 31 Oct. 31 Oct. 31 Check My Work 0000 00 00 00 00 E