Reference no: EM132874996

Problem - Transactions - Chalet Co. has the following accounts in its ledger: Cash; Accounts Receivable; Supplies; Office Equipment; Accounts Payable; Andee Freese, Capital; Andee Freese, Drawing; Fees Earned; Rent Expense; Advertising Expense; Utilities Expense; Miscellaneous Expense.

Journalize the following selected transactions for October 2012 in a two-column journal. Journal entry explanations may be omitted.

Oct. 1. Paid rent for the month, $2,000.

Oct. 2. Paid advertising expense, $900.

Oct. 5. Paid cash for supplies, $1,300.

Oct. 6. Purchased offi ce equipment on account, $16,000.

Oct. 10. Received cash from customers on account, $6,700.

Oct. 15. Paid creditor on account, $1,200.

Oct. 27. Paid cash for repairs to offi ce equipment, $600.

Oct. 30. Paid telephone bill for the month, $180.

Oct. 31. Fees earned and billed to customers for the month, $26,800.

Oct. 31. Paid electricity bill for the month, $400.

Oct. 31. Withdrew cash for personal use, $3,000.