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ournal EntriesandTrial Balance On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month: Sharon Matthews transferred cash from

ournal EntriesandTrial Balance

On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month:

  1. Sharon Matthews transferred cash from a personal bankaccountto an account to be used for the business, $18,000.
  2. Paid rent on office and equipment for the month, $3,330.
  3. Purchased supplies on account, $980.
  4. Paid creditor on account, $360.
  5. Earned fees, receiving cash, $15,120.
  6. Paid automobile expenses (including rental charge) for month, $920, and miscellaneous expenses, $620.
  7. Paid office salaries, $1,940.
  8. Determined that the cost of supplies used was $540.
  9. Withdrew cash for personal use, $890.

4.As a result of the January transactions (a-i), determine the following:

a.Amount of totalrevenuerecorded in theledger.

$

b.Amount of totalexpensesrecorded in the ledger.

$

c.Amount of net income for January.

$

5.Determine the total increase or decrease inowner's equityfor January.

$

i need help now how to figure out how to get the value for these answers using the scenario above

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