Presented below is information related to Conan Real Estate Agency. LO9 Oct. 1 Arnold Conan begins business
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Presented below is information related to Conan Real Estate Agency. LO9 Oct. 1 Arnold Conan begins business as a real estate agent with a cash investment of $18,000 in exchange for common stock.
2 Hires an administrative assistant.
3 Purchases offi ce equipment for $1,700, on account.
6 Sells a house and lot for B. Clinton; bills B. Clinton $4,200 for realty services performed.
27 Pays $900 on the balance related to the transaction of October 3.
30 Pays the administrative assistant $2,800 in salary for October.
INSTRUCTIONS Journalize the transactions. (You may omit explanations.)
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Related Book For
Financial Accounting
ISBN: 9781118953907
8th Edition
Authors: Paul D Kimmel, Jerry J Weygandt, Donald E Kieso
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