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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
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 2012 in a two-column Journal Joumal entry explanations may be omitted. It an amount bow does not reine entry, leave it blank Oct. 1. Paid rent for the month, $2,600. 3. Paid advertising expense, $1,660 5. Pald cash for supplies, 5710 6. Purchased office equipment on account, $10,900, 12. Received cash from customers on account, $3,560. 20. Pald creditor on account, $1,040, 27. Pald cash for miscellaneous expenses, $450. 30. Pald telephone bill for the month, $170. 31. Fees earned and billed to customers for the month, $23,700 31. Paid electricity bill for the month, $280. 31. Paid dividends, $1,800. 2012 Oct. 1 Oct. 3 2012 Oct. 1 Oct. Oct. 3 Oct. 5 Oct. 6 II II II II II II O II II II II II II II Oct. 12 Oct. 20 Oct. 27 UCLE 12 Oct. 20 Oct. 27 Oct. 30 11 II II II II II 11 10 10 10 10 Oct. 31 Oct. 31 Oct. 31 31. Paid dividends, $1,800. 20Y2 Oct. 1 Accounts Payable Accounts Receivable Oct. 3 Cash Common Stock Oct. 5 Dividends Rent Expense II II II II II II III Rent Payable Oct. 6 Rent Receivable Oct. 12 Oct. 20 31. Paid dividends, $1,800. 20Y2 Oct. 1 Accounts Payable Oct. 3 Accounts Receivable Cash Oct. 5 Common Stock Dividends 11 11 11 II III 10 10 10 10 11 Rent Expense Oct. 6 Rent Payable Rent Receivable Oct. 12 Oct. 20 Oct. 3 Accounts Payable Accounts Receivable Oct. 5 Advertising Expense Advertising Payable Oct. 6 Advertising Revenue II II II II I Cash Common Stock Oct. 12 Dividends Oct. 20 Oct. 3 Accounts Payable Oct. 5 Accounts Receivable Advertising Expense Oct. 6 Advertising Payable 11 II II III Advertising Revenue Cash Oct. 12 Common Stock Dividends Oct. 20 30. Paid telephone bill for the month, $170. 31. Fees Accounts Payable stomers for the month, $23 31. Paid Accounts Receivable onth, $280. 31. Paid Cash LOY2 Oct. 1 Common Stock Dividends Supplies Oct. 3 Supplies Payable Supplies Revenue ct. 5 | la II ll 10 10 10 10 10 10 ct. 6 ct. 12 31. Paid Accounts Payable onth, $280. 31. Paid Accounts Receivable 2012 Oct. 1 Cash Common Stock Dividends Oct. 3 Supplies Supplies Payable Oct. 5 Supplies Revenue II II 11 11 11 11 11 11 11 10 Oct. 6 Oct. 12 Oct. 20 31. Fees earned and billed to customers for the month, 31. Paid electricity bill for the month, $280. 31. Paid dividends, $1,800. 20Y2 Oct Accounts Payable Accounts Receivable Cash Oct. 3 Common Stock Dividends Office Equipment Oct. 5 Office Equipment Expense Office Equipment Payable 11 11 11 11 11 [ 11 III Oct. 6 Oct. 12 Oct. 20 2 Oct. 1 Accounts Payable Accounts Receivable 5. 3 3 Cash Common Stock Dividends t. 5 Office Equipment Office Equipment Expense 11 11 11 11 II I III ct. 6 Office Equipment Payable ct. 12 Oct, 20 Oct. 12 Accounts Payable Accounts Receivable Oct. 20 Cash Common Stock Oct. 27 Dividends Fees Earned Fees Expense | 00 00 00 00 00 Oct. 30 Fees Payable II II III Oct. 31 Oct. 12 Accounts Payable Accounts Receivable Oct. 20 Cash Common Stock Dividends Oct. 27 Utilities Expense I 10 11 II III 11 11 11 II III Utilities Payable Oct. 30 Utilities Revenue Oct. 31 Oct. 12 Oct. 20 Accounts Payable Accounts Receivable Cash Oct. 27 Common Stock ID II II II 11 11 10 10 10 Fees Earned Fees Expense Oct. 30 Fees Payable Retained Earnings Oct. 31 Oct. 12 Oct. 20 Accounts Payable Accounts Receivable Cash Oct. 27 Common Stock II II II II II II II II II III Dividends Fees Earned Oct. 30 Fees Expense Fees Payable Oct. 31 Unearned Fees Oct. 27 Accounts Payable Cash Common Stock Oct. 30 Notes Receivable Retained Earnings Utilities Expense 10 10 10 10 II I II II II II II Oct. 31 Utilities Payable Utilities Revenue Oct. 31 Oct. 31 - 20 .27 Accounts Payable c. 30 Cash Common Stock Dividends II II II II II II II II II II II t. 31 Dividends Expense Fees Expense Retained Earnings t. 31 Wages Expense Wages Payable t. 31 ct. 20 ct. 27 ct. 30 Accounts Payable Accounts Receivable II II II IO II II II II II II ct. 31 Cash Common Stock Dividends ct. 31 Fees Expense Wages Expense oct. 31 Wages Payable
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