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. TransactionsMar.1Paid rent for the month, $4,000. 3Paid advertising expense, $1,350. 5Paid cash for supplies, $1,800. 6Purchased office equipment on account, $11,500. 10Received cash from customers on account, $8,600. 15Paid creditor on account, $3,180. 27Paid cash for miscellaneous expenses, $700. 30Paid telephone bill for the month, $550. 31Fees earned and billed to customers for the month, $37,200. 31Paid electricity bill for the month, $830. 31Paid dividends, $2,000.Journalize the preceding selected transactions for March 2018 in a two-column journal. Refer to the Chart of Accounts for exact wording of account titles.

Date       Particulars                                         Debit          Credit

Mar. 1      Rent expense                                   4000

               Cash                                                                    4000

               Paid rent for the month      

Mar. 3     Advertising expense                        1350

               Cash                                                                    1350            

               Paid advertising expense      

Mar. 5     Supplies                                            1800

               Cash                                                                    1800          

               Paid cash for supplies      

Mar. 6     Equipment                                        11500

               Accounts payable                                              11500          

               Purchased office equipment

               on account      

Mar. 10    Cash                                                  8600

               Accounts receivable                                           8600    

               Received cash from customers

               on account      

Mar. 15    Accounts payable                             3180

               Cash                                                                    3180          

               Paid creditor on account      

Mar. 27    Miscellaneous expenses                 700

               Cash                                                                    700        

               Paid cash for miscellaneous

               expenses      

Mar. 30    Utilities expenses                            550

               Cash                                                                    550        

               Paid telephone bill for the month      

Mar. 31    Accounts receivable                         37200

               Fees earned                                                       37200    

               Fees earned and billed to

               customers for the month      

Mar. 31    Utilities expenses                             830

               Cash                                                                    830      

               Paid electricity bill for the month    

Mar. 31    Dividends                                          2000

               Cash                                                                    2000      

               Paid dividends  

match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

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anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

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nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

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