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On August 1, 20y?, Rafael Masey established Planet Realty, which completed the following transactions during the month: a. Rafael Masey transferred cash from a personal

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On August 1, 20y?, Rafael Masey established 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 Stock, $27,000. b. Purchased supplies on account, $1,510. c. Earned sales commissions, receiving cash, $23,220. d. Paid rent on office and equipment for the month, $5,110. e. Paid creditor an account, $560. f. Paid dividends; $1,370. 9. Paid sutomobile expenses (Including rental charge) for month, $1,420, and miscelaneous expenses, $950, h, Paid office salaries, 52,970 . 1. Determined that the cost of supplies used was $840. Required: 1. Joumalize entries for transactions (a) through (1), using the following account tities: Cash, Supplies, Accounts Payable, Common Stock, Dividends, Sa Commissions, Rent Expense, Office Salaries Expense, Automoblie Expense, Supplies Expense, Miscellaneous Expense, If an amount box does not require leave it blank

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