Jourmal entries and trial belance On August 1, 20Y7, Rafael Masey estabished Planet Realty, which completed the following transactions during the month: a. Rafael Masey transferred cash from a personal bank account to an account to be used for the business in exchange for Common 5 tock, 577,000 . b. Purchased supplies on account, 51,510 . c. Earned sales comtnissions, receiving cash, $23,220. d. Paid rent on office and equipment for the month, $5,110. c. Paid creditor on account, 3560 . 1. Paid dividends, $1,370. 9. Paid automobile expenses (including rental charge) for month, $1,420, and misceilaneous expenses, 3950. h. Paid offee salaries, 52,970 . 1. Determined that the cost of supplies used was $840. Required: 2. Prepare T accounts, using the account titles in (1). Post (in chronological order) the journal entries to these accounts, selecting the approprate letter to the left of each amount to identify the transactions. Dectermine 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 August 31, 20r7. List all accounts in the order of Assets, Liabilities, Scockholders' equ ty, Revenues, and Expenses. If ar amount box does not require an entry, leave it blank. b. Amount of total expenses recorded in the ledger