This information relates to McCall Real Estate Agency. LO9 Oct. 1 Stockholders invest $30,000 in exchange for common stock of the corporation.

2 Hires an administrative assistant at an annual salary of $36,000.

3 Buys office furniture for $3,800, on account.

6 Sells a house and lot for E. C. Roads; commissions due from Roads, $10,800

(not paid by Roads at this time).

10 Receives cash of $140 as commission for acting as rental agent renting an apartment.

27 Pays $700 on account for the office furniture purchased on October 3.

30 Pays the administrative assistant $3,000 in salary for October.

Instructions Prepare the debit–credit analysis for each transaction, as illustrated on pages 111–116.