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Transactions Innovative Consulting Co. has the following accounts in its leder: Cash, Accounts Receivable, Supplies, Office Equipment Accounts Payable, Common Stock, Retained Earnings, Dividends, Fees

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Transactions Innovative Consulting Co. has the following accounts in its leder: 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 Journal entry explanations may be omitted. If an amount box does not require an entry, leave it blank. Oct. 1. Pald rent for the month, $3,800. 3. Pald advertising expense, $2,430 5. Paid cash for supplies, 51,040. 6. Purchased office equipment on account, $16,000. 12. Received cash from customers on account, 55,210. 20. Paid creditor on account, $1,530. 27. Paid cash for miscellaneous expenses, $660 30. Paid telephone bill for the month, $240. 31. Freeamed and billed to customers for the month, $34,700 31. Paid electricity bill for the month $420. 31. Paid dividends, 32,600 2012 Oct OL

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