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  3. 4. determine the following: a. amount of total rev

4. Determine the following: a. Amount of total revenue recorded in the ledger. b. Amount...

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Accounting

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4. 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. 5. Determine the increase or decrease in retained earnings for October. PR 2-2A Journal entries and trial balance Obj. 1,2,3,4 On October 1, 20Y6, 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, $40,000. b. Paid rent on office and equipment for the month, $4,800. c. Purchased supplies on account, $2,150. d. Paid creditor on account, $1,100. e. Earned sales commissions, receiving cash, $18,750. f. Paid automobile expenses (including rental charge) for month, $1,580, and miscellaneous expenses, $800. g. Paid office salaries, $3,500. h. Determined that the cost of supplies used was $1,300. i. Paid dividends, $1,500

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