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On October 1, 20Y6, Jay Crowley established Affordable Realty, which completed the following transactions during the month: Oct. 1 Jay Crowley transferred cash from a

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On October 1, 20Y6, Jay Crowley established Affordable Realty, which completed the following transactions during the month: Oct. 1 Jay Crowley transferred cash from a personal bank account to an account to be used for the business, $32,500 2 Paid rent on office and equipment for the month, $2,350. 3 Purchased supplies on account, $2,250. 4 Paid creditor on account, $900. 5 Earned sales commissions, receiving cash, $16,360. 6 Paid automobile expenses (including rental charge) for month, $1,690, and miscellaneous expenses, $620. 7. Pad otfice salaries, $3,000. 8 Determined that the cost of supplies used was $1,100. 9. Withdrew cash for personal use, $3,000. 1. Jeumalize entries for transactions Oct. f through 9. 2. Post the journal entries to the raccounts, selecting the appropriate date to the left of each amount to identify the transactions. Determine the account balances, after alf posting is complete. Accounts containing only a single entry do not need a balance. 3. Prepare an unadiusted trial balance as of October 31,20V6. 4. Dotermine the following: Accounls containing only a shele entry do not nood a butanco. TAccounts instructions TAccounts Supplies Bal. Bal. Accounts Payable Jay Crowley, Capital Jay Crowley, Drawing Sales Commissions TAccounts Sales Commissions Rent Expense Office Salaries Expense Automobile Expense Supplies Expense Miscellaneous Expense

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