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Oct 1 Jay Crondey translened cash thoim a personal bank account to an account to be used for the business n exchange for common slock,

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Oct 1 Jay Crondey translened cash thoim a personal bank account to an account to be used for the business n exchange for common slock, 540,000 2 Paid rent on otice and equipment Sor the month, S4.300 3 Purchased supplies on account, $2,150 4 Paid credilor on account, 51,100 5 Eamed sales commissions, reteiving cash, 318,750 6 Paid aulomobile expenses including rental charge) for month, $1,580, and miscellaneous expenses 3800 7 Paid office salaries, $3,500 8 Determined that the cost of supplies used was $1,300 9 Paid dividends, $1,500 1 Journaize entries for transactions Oct 1 through 9. Refer to the Chart of Accounts for exact wording of account ibes 2 Post the journal antries to the Laccounts, selecting the appropviate date to the seft of each amount to idendity the transactions. Determine the account balances, after ad posting is complete. Accounts containing only a single entry do not need e balsnce 3. Prepare en ynedivsted friel baiance as of October 31, 2018 4. Determine the foWowing a. Amount of total !everse recorded in the det b. Amount of total expenses recorded in the ledger c. Amount of net income for October 1. Joumalze entries for trsnsactions Oct 1 theoagh 9.Refer to the Charf of Accounts for exact woruing of aacourst ietes PAGE JOURNA ACCOUNTING EQUATION DEBT 10 12 15 14 tS 16 17 18 2 Post the journal entries to the Leccounts setecting the appropniste dale to the left of each amount to sfentily the transactions. Determine the account balances, after a osti complete. Accounts containing only a single entry do not need a Dalance Cash KPr Bal Supplies Bal Accounts Payable Bal. Common Stock Dividends Sales Commissions Office Salaries Expense Automobile Expense Supplies Expense Miscellaneous Expense Unadjusted Trial Balance 3. Prepare an unedjusted trial balence as of October 31, 2018 Affordable Realty UNADJUSTED TRIAL BALANCE October 31, 2018 ACCOUNT TITLE DEBIT CREDIT Cash 2 Supplies 3 Accounts Payable 4 Common Stock 5 Dividends 6 Sales Commissions 7 Rent Expense Office Salaries Expense 9 Automobile Expense 10 Supplies Expense 11 Miscellaneous Expense 1 Totals Final Questions 4. Determine the following a. Amount of total revenue recorded in the ledger b. Amount of total expenses recorded in the ledger$ c. Amount of net income for October. $ 5 Determine the increase or decrease in retained caminas for October Oct 1 Jay Crondey translened cash thoim a personal bank account to an account to be used for the business n exchange for common slock, 540,000 2 Paid rent on otice and equipment Sor the month, S4.300 3 Purchased supplies on account, $2,150 4 Paid credilor on account, 51,100 5 Eamed sales commissions, reteiving cash, 318,750 6 Paid aulomobile expenses including rental charge) for month, $1,580, and miscellaneous expenses 3800 7 Paid office salaries, $3,500 8 Determined that the cost of supplies used was $1,300 9 Paid dividends, $1,500 1 Journaize entries for transactions Oct 1 through 9. Refer to the Chart of Accounts for exact wording of account ibes 2 Post the journal antries to the Laccounts, selecting the appropviate date to the seft of each amount to idendity the transactions. Determine the account balances, after ad posting is complete. Accounts containing only a single entry do not need e balsnce 3. Prepare en ynedivsted friel baiance as of October 31, 2018 4. Determine the foWowing a. Amount of total !everse recorded in the det b. Amount of total expenses recorded in the ledger c. Amount of net income for October 1. Joumalze entries for trsnsactions Oct 1 theoagh 9.Refer to the Charf of Accounts for exact woruing of aacourst ietes PAGE JOURNA ACCOUNTING EQUATION DEBT 10 12 15 14 tS 16 17 18 2 Post the journal entries to the Leccounts setecting the appropniste dale to the left of each amount to sfentily the transactions. Determine the account balances, after a osti complete. Accounts containing only a single entry do not need a Dalance Cash KPr Bal Supplies Bal Accounts Payable Bal. Common Stock Dividends Sales Commissions Office Salaries Expense Automobile Expense Supplies Expense Miscellaneous Expense Unadjusted Trial Balance 3. Prepare an unedjusted trial balence as of October 31, 2018 Affordable Realty UNADJUSTED TRIAL BALANCE October 31, 2018 ACCOUNT TITLE DEBIT CREDIT Cash 2 Supplies 3 Accounts Payable 4 Common Stock 5 Dividends 6 Sales Commissions 7 Rent Expense Office Salaries Expense 9 Automobile Expense 10 Supplies Expense 11 Miscellaneous Expense 1 Totals Final Questions 4. Determine the following a. Amount of total revenue recorded in the ledger b. Amount of total expenses recorded in the ledger$ c. Amount of net income for October. $ 5 Determine the increase or decrease in retained caminas for October

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