Reference no: EM131032148
Jardine Constuting Co. has the followning accounts in its ledger: Cash, Accounts Receivable, Supplies, Office Equipment, Acoounts Payable, Common Stock, Retained Earning, Dividends, Fes Earned, Rent Expense, Advertising Expense, Utlities Expense, Miscellaneous Expense.
Journalize the following selected tranactions for March 2016 in a two-column journal. Journal entry explanations may be omitted.
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 form customers on account, $16,550.
15. Paid creditor on account, $3,180.
27. Paid cash for repairs to office equipment, $540.
30. Paid telephones 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. Paid dividends, $1750.
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