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4 il View Policies Current Attempt in Progress The following information relates to Bonita Real Estate Agency, Oct. 1 N 3 James Bonita begins business

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4 il View Policies Current Attempt in Progress The following information relates to Bonita Real Estate Agency, Oct. 1 N 3 James Bonita begins business as a real estate agent with a cash investment of $ 17,700. Hires an administrative assistant. Purchases office furniture for $2,242, on account. Sells a house and lot for C. Rouse: bills C. Rouse $ 4,248 for realty services performed. Pays $ 1.298 on the balance related to the transaction of October 3. Pays the administrative assistant $2.950 in salary for October 6 27 30 Prepare the debit-credit analysis for each transaction. baino entry is required, select "No Entry for the account titles and enter O for the amounts.) Debit-Credit Analysis Effect on Accounting Equation Effec Debit Oct 1 Debits Credit Credits Oct. Debit Debits od Oct. 1 Debits Debit Credits Credit Oct 2 Debits Debit Debit $ Credits Credit Oct. 6 Debits Debit Credits Credits >

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