Transactions Zenith 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. March 1. Paid rent for the month, $5,500. 3. Paid advertising expense, $3,510. 5. Paid cash for supplies, $1,500. 6. Purchased office equipment on account, $23,000. 10. Received cash from customers on account, $7,520. 15. Paid creditor on account, $2,200. 27. Paid cash for miscellaneous expenses, $950. 30. Paid telephone bill for the month, $350. 31. Fees earned and billed to customers for the month, $50,100. 31. Paid electricity bill for the month, $600. 31. Paid dividends, $3,800. Journalize the selected transactions for March 2018. 2018 March 1 - Select - - Select - March 3 - Select - - Select - March 5 - Select - - Select - March 6 - Select - - Select - March 10 - Select - - Select - March 15 - Select - - Select - March 27 - Select - - Select - March 30 - Select - - Select - March 31 : Fees earned - Select - - Select - March 31 : Paid bill - Select - - Select - March 31 : Dividends - Select - - Select -

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter5: Accounting Systems

Section: Chapter Questions

Problem 2PB: Transactions related to revenue and cash receipts completed by Sterling Engineering Services during...

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Transactions

Zenith 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.

March 1.	Paid rent for the month, $5,500.
3.	Paid advertising expense, $3,510.
5.	Paid cash for supplies, $1,500.
6.	Purchased office equipment on account, $23,000.
10.	Received cash from customers on account, $7,520.
15.	Paid creditor on account, $2,200.
27.	Paid cash for miscellaneous expenses, $950.
30.	Paid telephone bill for the month, $350.
31.	Fees earned and billed to customers for the month, $50,100.
31.	Paid electricity bill for the month, $600.
31.	Paid dividends, $3,800.

Journalize the selected transactions for March 2018.

2018 March 1	- Select -
		- Select -
March 3	- Select -
		- Select -
March 5	- Select -
		- Select -
March 6	- Select -
		- Select -
March 10	- Select -
		- Select -
March 15	- Select -
		- Select -
March 27	- Select -
		- Select -
March 30	- Select -
		- Select -
March 31 : Fees earned	- Select -
		- Select -
March 31 : Paid bill	- Select -
		- Select -
March 31 : Dividends	- Select -
		- Select -

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