Instructions Chart of Accounts Journal T Accounts Unadjusted Trial Balance Final Questions Instructions On October 1, 20Y6, Jay Crowley established Affordable Realty, which completed the following transactions during the month: Oct. 1 2 3 4 Jay Crowley transterred cash from a personal bank account to an account to be used for the business in exchange for common stock, $31,500 Pald rent on office and equipment for the month, $2,650. Purchased supplies on account, $2,200 Paid creditor on account, $830. Eamed sales commissions, receiving cash. $14,580. Paid automobile expenses (including rental charge) for ninth, $1,630, and miscellaneous expenses, $460 Paid office salaries, $2,400. Determined that the cost of supplies used was $1,150. 5 6 7 8 Chart of Accounts Journal T Accounts Unadjusted Trial Balance Final Questions Instructions 8 Determined that the cost of supplies used was $1,150. Paid dividends, $3,200 9 1. Joumaize entries for transactions Oct. 1 through 9. Refer to the Chart of Accounts for exact wording of account sites. 2. Post the journal entries to tho I accounts, selecting the appropriate date to the left of each amount to identity the transactions. Determine the account balances, after all posting is completo. 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 leden. b. Amount of total expenses recorded in the ledger. c. Amount of net income for October 5. Determine the increase or decrease in retained earrings for October Final Questions 4. Determine the following: yor a. Amount of total revenue recorded in the ledger, b. Amount of total expenses recorded in the ledger. jou ne c. Amount of net income for October 5. Determine the increase or decrease in retained earnings for October