On October $1,20$v$6.$ Jay Crowey established Affordable Realty, which completed the following transactions during the month:

Oet. $1$ Jay Crowley transierred cash from a personal bank sccount to an account to be used for the business in exchange for common stock $$40,000.$

$2$ Paid rent on office and equipment $$n the montn, $54\mathrm{.}800.$

$3$ Purchased supplies on account, S$2.150.$

$4$ Faid creditor on account, $51,100$

$5.$ Earned sales commissions, receving cash, $318,750$

$6.$ Paid automobie expenses $($ncluding rental charge$)$ for mom, $31\mathrm{.}580.$ and mecellaneous expenses. $3800.$

$7$ Paid ofice salaries, $33\mathrm{.}500$

$8$ Determined that the cost of supples used was $31\mathrm{.}300$

$9$ Paid dvidends. $51\mathrm{.}500$

Required:

Loumalize entres for trensactions oct $1$ through $9.$

Fost the jumal eniries to the Taccounis, selecting the appropriate date to the left of each amount fo identify the transactions. Detemine the account balances, after all costirg is complete. Accounts containing only a single entry do noi need a balance.

Prepare an unadjusted trial balence as of october $31,20V.$

Determine the following:

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:

Detemine the increase or decrease in retained eamings for October.N