On August 1, 2019, Rafael Masey established Planet Realty, which completed the following transactions during the month:

1. Rafael Masey transferred cash from a personal bankaccountto an account to be used for the business, $17,500.
2. Purchased supplies on account, $2,300.
3. Earned fees, receiving cash, $13,300.
4. Paid rent on office and equipment for the month, $3,000.
5. Paid creditor on account, $1,150.
6. Withdrew cash for personal use, $1,800.
7. Paid automobile expenses (including rental charge) for month, $1,500, and miscellaneous expenses, $400.
8. Paid office salaries, $2,800.
9. Determined that the cost of supplies used was $1,050

Journalizeentries for transactions (a) through (i), using the following account titles: Cash; Supplies; Accounts Payable; Rafael Masey, Capital; Rafael Masey,Drawing; Fees Earned; Rent Expense; Office Salaries Expense; Automobile Expense; Supplies Expense; Miscellaneous Expense. For a compound transaction, if an amount box does not require an entry, leave it blank.

WithT accounts, using the account titles in (1). Post (in chronological order) the journal entries to these accounts, selecting the appropriate letter to the left of each amount to identify the transactions. Determine the account balances, after allpostingis complete. Accounts containing only a single entry do not need a balance.

What will be anunadjusted trial balanceas of August 31, 2019. For those boxes in which no entry is required, leave the box blank.

Amount of totalrevenuerecorded in theledger.

$

b.Amount of totalexpensesrecorded in the ledger.

$

c.Amount of net income for August.

$

5.Determine the increase or decrease inowner's equityfor August.