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.