Instructions On October 1, 20Y6, Jay Crowley established Affordable Realty, which completed the following transactions during the month: 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, $32,500. 2 Paid rent on office and equipment for the month, $2,350. 3 Purchased supplies on account, $2,250. 4 Paid creditor on account, $900. 5 Earned sales commissions, receiving cash, $16,360. 6 7 R Paid automobile expenses (including rental charge) for month, $1,690, and miscellaneous expenses, $620. Paid office salaries, $3,000. Determined that the cost of supplies used was $1.100