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Genaral Joumal General Joumal Points: 01.47 complete Accounts containing only a uhgle entry do nof need a bolanoe: 3. Prepare an unadjusted trial balance as

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Genaral Joumal General Joumal Points: 01.47 complete Accounts containing only a uhgle entry do nof need a bolanoe: 3. Prepare an unadjusted trial balance as of October 31,20Y6. Question not attempted. Journal entries and trial balance \begin{tabular}{|l|l|l|l|l|l|} \hline Instructions Chart of Accounta & Generni Journal & T Accounts & Unadjusted Triat Baiance & Finat Ouestions \\ \hline \end{tabular} TAcoounts Previous All work saved. TAcoounts Sales Commissions Rent Expense Office Salaries Expense Oct 1x Automobile Expense Supplies Expense Miscellaneous Expense Points: All work saved. Chart of Accounts CHART OF ACCOUNTS Affordable Realty General Ledger ASSETS 11 Cash 12 Supplies REVENUE 41 Sales Commissions EXPENSES 51 Rent Expense 52 Office Salaries Expense 53 Automobile Expense 54 Supplies Expense 55 Miscellaneous Expense 33 Dividends Oct. 1 Jay Crowley transferred cash from a personal bank account to an account to be used for the business in exchange for common stock, $31,000. 2 Paid rent on oflice and equipment for the month, $2,850. 3 Purchased supplies on account, $2,350. 4 Paid creditor on account, $800. 5 Earned sales commissions, receiving cash, $16,160. 6 Paid automobile expenses (including rental charge) for month, $1,640, and miscellaneous expenses, $560. 7 Paid office salaries, $2,700. 8 Determined that the cost of supplies used was $1,500. 9 Paid dividends, $2,600. 1. Joumalize ontries for transactions Oct 1 through 9. 2. Post the joumal entries to the T accounts, solecting the appropriate date to the left of each amount to identity the transactions. Determine the account balances, after all posting is complete. Accounts containing only a single entry do not need a balance. 3. Prepare an unadjusted trial balance as of October 31,20Y6. 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 Octaber: 5. Determine the increase or decrease in cetained eamings for October. Unadjusted Trial Balance 4 Common Stock 5 Dividends 6 Sales Commissions 7 Rent Expense 8. Office Salaries Expense 9 Automobile Expense 10 Supplies Expense 11 Miscellaneous Expense 12 Totals 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 earnings for October

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