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hit89
hit89
11.11.2019 • 
Business

On october 1, 2018, jay crowley established affordable realty, which completed the following transactions during the month: a. jay crowley transferred cash from a personal bank account to an account to be used for the business in exchange for common stock, $23,000.b. paid rent on office and equipment for the month, $4,350.c. purchased supplies on account, $1,290.d. paid creditor on account, $470.e. earned sales commissions, receiving cash, $19,780.f. paid automobile expenses (including rental charge) for month, $1,210, and miscellaneous expenses, $810.g. paid office salaries, $2,530.h. determined that the cost of supplies used was $710.i. paid dividends, $1,170.required: journalize the entries for transactions (a) through (i), using the following account titles: cash, supplies, accounts payable, common stock, dividends, sales commissions, rent expense office salaries expense, automobite expense, supplies expense, and miscellaneous expense.

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