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7 of 7 View Policies Current Attempt in Progress This information relates to Martinez Real Estate Agency. Oct. 1 Stockholders invest $33,400 in exchange for
7 of 7 View Policies Current Attempt in Progress This information relates to Martinez Real Estate Agency. Oct. 1 Stockholders invest $33,400 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $38,880. 3 Buys office furniture for $3,890, on account. 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $11,890 (not paid by Roads at this time). 10 Receives cash of $195 as commission for acting as rental agent renting an apartment. 27 Pays $610 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $3,240 in salary for October. Prepare the debit-credit analysis for each transaction. (If there is
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