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, $31,500. 2 Paid rent on office and equipment for the month, $2,450. 3 Purchased supplies on account, $2,200. 4 Paid creditor on account, $860. 5 Earned sales commissions, receiving cash, $16,430. 6 Paid automobile expenses (including rental charge) for month, $1,650, and miscellaneous expenses, $690. 7 Paid office salaries, $2,200. 8 Determined that the cost of supplies used was $1,100. 9 Paid dividends, $3,600. ASSETS 11, Cash 12 Supplies REVENUE 41 Sales Commissions LIABILITIES 21 Accounts Payable EQUITY 31 Common Stock 33 Dividends EXPENSES 51 Rent Expense 52 Office Salaries Expense 53 Automobile Expense 54 Supplies Expense 55 Miscellaneous Expense DATE DESCRIPTION POST. REF DEBIT CREDIT ASSETS 1 Oct.1 Common Stock 31,500.00 31,500.00 2 Oct. 2 Cash 2,450.00 2,450.00 3 Oct. 3 Cash 2,200.00 2,200.00 4 Oct. 4 Cash 860.00 860.00 5 Oct. 5 Cash 16,430,00 16,430.00 6 Oct. 6 Cash 1,650.00 690.00 . Oct. 7 Cash 2,200.00 2,200,00 B Oct. 8 Cash 1,100.00 1,100.00 6 Oct. 9 Cash 3,600.00 3,600.00 Cash Oct. 1 V 31,500.00 Oct. 2 2,450.00 Oct. 5 16,430.00 Oct. 4 V 860.00 Oct. 6 Oct: 7 2,200.00 Oct. 9 3,600.00 Bal. 15,070.00 X Oct. 3 Supplies Oct. 8 V Bal. Oct. 4 V Accounts Payable Oct. 3 Bal. Common Stock Oct. 9 Common Stock Oct. 1 Dividends Oct. 2 Sales Commissions Oct. 5 Rent Expense Oct. 7 Office Salaries Expense Oct. 6 V Oct, 8V Automobile Expense Supplies Expense Miscellaneous Expense Oct. 6 V ACCOUNT TITLE 2 1 Cash 3 2 Supplies 3 Accounts Payable 5 4 Common Stock 6 5 Dividends 7 6 Sales Commissions 8 9 7 Rent Expense 8 Office Salaries Expense 9 Automobile Expense October 31, 20Y6 DEBIT CREDIT 4