E2-4 Presented below is information related to Hanshew Real Estate Agency.

Oct. 1 Pete Hanshew begins business as a real estate agent with a cash investment of $15,000 in exchange for common stock.

2 Hires an administrative assistant.

3 Purchases office furniture for $1,900, on account.

6 Sells a house and lot for B. Kidman; bills B. Kidman $3,200 for realty services provided.

27 Pays $700 on the balance related to the transaction of October 3.

30 Pays the administrative assistant $2,500 in salary for October.

Instructions Prepare the debit-credit analysis for each transaction as illustrated on pages 61-66.