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1. Journalise the transaction 2. post the leader entry 3. trial balance FULL SCREE Exercise 2-9 and 2-10 Selected transactions for Polland Real Estate Agency
1. Journalise the transaction 2. post the leader entry 3. trial balance
FULL SCREE Exercise 2-9 and 2-10 Selected transactions for Polland Real Estate Agency during its first month of business follow: June 1 Samantha Polland opened Polland Real Estate Agency with an investment of $13,250 cash and $2,580 of equipment. 2 Paid $1.450 for a oneyear insurance policy 3 Purchased additional equipment for S4,580, paying $260 cash and signing a note payable for the balance. 10 Received $440 cash as a fee for renting an apartment. 16 Sold a house and lot to B. Rollins. The commission due from Rolins is 57.540. (It is not paid by Rolins at this time), 27 Paid 5550 for advertising during June. 29 Received an $50 bill for telephone service during the month of June. (The bill is paid in July.) 30 Paid an administrative assistant $1,600 in salary for June 30 Received $7.540 cash from B. Rollins for the June 16 transaction Journalize the transactions (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, titles and enter for the amounts. Record louma entries in the order wesent in the namStep by Step Solution
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