Opened a business bank account with a deposit of $24,000 in exchange for common stock. b. Paid rent on office and equipment for the month, $3,700. c. Paid automobile expenses for month, $1,450, and miscellaneous expenses, $600. d. Purchased office supplies on account, $1,250. e. Earned sales commissions, receiving cash, $22,600. f. Paid creditor on account, $700. g. Paid office salaries, $3,300. h. Paid dividends, $3,900. i. Determined that the cost of supplies on hand was $350; therefore, the cost of supplies used was $900