=+

Ampere Realty acts as an agent in buying, selling, renting, and managing real estate.

The unadjusted trial balance on October 31, 2010, is shown below.

Ampere Realty Unadjusted Trial Balance October 31, 2010 Debit Credit Balances Balances 11 Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13,150 12 Accounts Receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33,750 13 Prepaid Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,500 14 Office Supplies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 900 16 Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . —

21 Accounts Payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,510 22 Unearned Rent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . —

23 Notes Payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . —

31 Maya Garmin, Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16,490 32 Maya Garmin, Drawing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000 41 Fees Earned . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 130,000 51 Salary and Commission Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . 74,100 52 Rent Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15,000 53 Advertising Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,900 54 Automobile Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,750 59 Miscellaneous Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,950 ________ ________ 153,000 153,000 ________ ________ ________ ________ The following business transactions were completed by Ampere Realty during November 2010:

Nov. 1. Paid rent on office for month, $3,000.

2. Purchased office supplies on account, $1,000.

5. Paid annual insurance premiums, $2,400.

10. Received cash from clients on account, $25,000.

15. Purchased land for a future building site for $90,000, paying $10,000 in cash and giving a note payable for the remainder.