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Instructions On September 18, 2019, Afton Company purchased $4,000 of supplies on account. In Afton Company's chart of accounts, the supplies account is No. 15,

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Instructions On September 18, 2019, Afton Company purchased $4,000 of supplies on account. In Afton Company's chart of accounts, the supplies account is No. 15, and the accounts payable account is No. 21. Required: A Joumalize the September 18, 2019, transaction on page 87 of Afton Company's two-column joumal. B. Prepare a four-column account for Supplies. Enter a debit balance of $2,100 as of September 1, 2019. Enter "Balance" in the Item column and place a check mark (N) in the Posting Reference column. C. Prepare a four-column account for Accounts Payable. Enter a credit balance of $18,690 as of September 1, 2019. Enter "Balance" in the Item column and place a check mark (N) in the Posting Reference column. D. Post the September 18, 2019, transaction to the accounts. E. Do the rules of debit and credit apply to all companies

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