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6 The following information relates to Swifty Real Estate Agency. Oct. 1 2 3 James Swifty begins business as a real estate agent with a
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The following information relates to Swifty Real Estate Agency. Oct. 1 2 3 James Swifty begins business as a real estate agent with a cash investment of $17,850. Hires an administrative assistant. Purchases office furniture for $2,261, on account. Sells a house and lot for C. Rouse; bills C. Rouse $4,284 for realty services performed. Pays $1,309 on the balance related to the transaction of October 3. Pays the administrative assistant $2,975 in salary for October. 27 30 Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit Step by Step Solution
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