Common stock-retained earnings-dividends-fees earned

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Reference no: EM131223494

Jardine 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.

Transactions

Mar. 1 Paid rent for the month, $2,800.

3 Paid advertising expense, $625.

5 Paid cash for supplies, $1,350.

6 Purchased office equipment on account, $9,200.

10 Received cash from customers on account, $15,850.

15 Paid creditor on account, $3,230. 27 Paid cash for repairs to office equipment, $500.

30 Paid telephone bill for the month, $350.

31 Fees earned and billed to customers for the month, $49,840.

31 Paid electricity bill for the month, $800.

31 Paid dividends, $1,600.

Journalize the following selected transactions for March 2016 in a two-column journal. Refer to the Chart of Accounts for exact wording of account titles.

Reference no: EM131223494

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