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CHART OF ACCOUNTS Affordable Realty General Ledger ASSETS REVENUE 11 Cash 41 Sales Commissions 12 Supplies EXPENSES LIABILITIES 51 Rent Expense 21 Accounts Payable 52

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CHART OF ACCOUNTS Affordable Realty General Ledger ASSETS REVENUE 11 Cash 41 Sales Commissions 12 Supplies EXPENSES LIABILITIES 51 Rent Expense 21 Accounts Payable 52 Office Salaries Expense 53 Automobile Expense 4. Determine the following: a. Amount of total revenue recorded in the ledger $ b. Amount of total expenses recorded in the ledger. $ c. Amount of net income for October. $ 5. Determine the increase or decrease in retained eamings for October GA

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