Value Consulting Co. has the following accounts in its ledger: Cash; Accour Expense; Miscellaneous Expense. Journalize the following selected transactions for March 2016. Mar. 1. Paid rent for the month, $2,500. 3. Paid advertising expense, $675. 5. Paid cash for supplies, $1,250. 6. Purchased office equipment on account, $9,500. 10. Received cash from customers on account, $16,550. 15. Paid creditor on account, $3,180. 27. Paid cash for repairs to office equipment, $540. 30. Paid telephone bill for the month, $375. 31. Fees earned and billed to customers for the month, $49,770. 31. Paid electricity bill for the month, $830. 31. Withdrew cash for personal use, $1,750. Rent Expense 2016 March 1 2,500.00 Accounts Payable x 2,500.00 2016 March 3 Accounts Payable Accounts Receivable 2016 March 5 Advertising Expense Advertising Payable 2016 March 6 Advertising n teachin X + nvoker-&takeAssignmentSessionLocator-assignment-take&inprogress false ew Tab eBook Show Me How Calculator Journalizing and Posting On January 7, 2016, Captec Company purchased $4,175 of supplies on account. In Captec Company's chart of accounts, th a. Journalize the January 7, 2016, transaction on page 33 of Captec Company's two-column journal. Page: 33 DOC NO. DATE ACCOUNT TITLE POST. REF. DEBIT CREDIT 1 Jan. 7, 2016 2 Accounts Payable 2 b. and d. Enter ACCounts Receivable 2,200 as of January 1, 2016 in the supplies general ledger account. Post the January 7, 2w Cash ERAL LEDGER Account Supplies Supplies Account No. 15 BALANCE IT Supplies Payable DATE DEBIT CREDIT DEBIT CREDIT Jan. 1, 2016 Ral Supplies Receivable Supplies Revenue Jan. 7, 2016 c. and d. Enter a credit balance of $18,430 as of January 1, 2016 in the Accounts Payable general ledger account. Post the Januan GENERAL LEDGER Account No. 21 Account Accounts Payable BALANCE POST REF. CREDIT DEBIT DEBIT CREDIT DATE ITEM Jan. 1, 2016 Balance Jan. 7, 2016 e. Do the rules of debit and credit apply to all companies? Check My Work All work saved. 00