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On October 1, 2070, Jay Crowley established Affordable Realty, which completed the following transactions during the month Oct 1 2 3 Jay Crowley transferred cash

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On October 1, 2070, Jay Crowley established Affordable Realty, which completed the following transactions during the month Oct 1 2 3 Jay Crowley transferred cash from a personal bank account to an account to be used for the business in exchange for common stock, 531,500 Paid rent on office and equipment for the month $2,650 Purchased supplies on account, $2,200 Pad creditor on account 5830 Eamed sales commission receiving cash $14,580 Paid automobile expenses including rental charge) for month $1,630, and miscellaneous expenses 5460 4 5 6 7 B Paid office salaries, $2,400 Determined that the cost of supplies used was $1,150 Paid dividends, $3.200 9 1 Jowenoize entries for actions ont though. Refer to the Chart of Accounts for exact wording of account sites Post the journal entries to the accounts, selecting the appropriate date to the left of each amount to identify the transactions Determine the account balos, tenga complete Accounts containing only a single entry do not need a balance a Prepare an austed..balance as of October 31, 2046 4 Determine the follow Amount of recorded in the ledar Amount of total ens recorded in the ledger C Amount of net income for October 1 Determine the create or decrease in nedenfor October 1 Jourmalize entries for transactions Oct 1 through 9. Refer to the Chart of Accounts for exact wording of account titles Question not attempted. PAGE 1 Score: 0/238 JOURNAL ACCOUNTING FOLATION ASSETS LIAZALITIES EQUITY DEBIT CREDIT POST. REF. DESCRIPTION DATE 2 Pust the puma entries to them. selecting the appropriate date to the left of each amount to identy te reaction Determine the account balance, ate al estivo comolder Accounts containing only a singlenty do not need a balance Cash Det X Oct 2 Det Oct Oct 6 X Oct 7 X Supplies Bat Affordable Realty Shaded cells have feedback Score: 0/47 UNADJUSTED TRIAL BALANCE October 31, 2016 ACCOUNT TITLE DERIT CRENT 1 Cash Supplies Accounts Payable # Common Stock 5 Dividends Sales Commissions Rent Expense Office Salaries Expense Automobile Expense 10 Supplies Expense 11 Miscellaneous Expense Totals Final Questions 4. Determine the following: $14,580.00 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 earnings for October $

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