Journal Entries and Trial Balance On October 1, 2018, Jay Crowley established Affordable Realty, which completed the following transactions during the month: a. Jay Crowley transferred cash from a personal bank account to an account to be used for the business in exchange for Common Stock, $32,000. b. Paid rent on office and equipment for the month, $5,980. c. Purchased supplies on account, $1,770. d. Paid creditor on account, $650. e. Earned sales commissions, receiving cash, $27,200. f. Paid automobile expenses (including rental charge) for month, $1,660, and miscellaneous expenses, $1120. g. Paid office salaries, $3,480. h. Determined that the cost of supplies used was $980. i. Paid dividends, $1,600.