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a. This information relates to Cheyenne Real Estate Agency. Oct. 1 Stockholders invest $31,770 in exchange for common stock of the corporation. 2 Hires an

a. This information relates to Cheyenne Real Estate Agency.

Oct. 1 Stockholders invest $31,770 in exchange for common stock of the corporation.
2 Hires an administrative assistant at an annual salary of $42,720.
3 Buys office furniture for $3,740, on account.
6 Sells a house and lot for E. C. Roads; commissions due from Roads, $10,430 (not paid by Roads at this time).
10 Receives cash of $185 as commission for acting as rental agent renting an apartment.
27 Pays $800 on account for the office furniture purchased on October 3.
30 Pays the administrative assistant $3,560 in salary for October.

Journalize the transactions. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem

date Account Titles and Explanation debt credit

b. This information relates to Sarasota Real Estate Agency.

Oct. 1 Stockholders invest $ 30,500 in exchange for common stock of the corporation.
2 Hires an administrative assistant at an annual salary of $ 31,680.
3 Buys office furniture for $ 3,750, on account.
6 Sells a house and lot for E. C. Roads; commissions due from Roads, $ 10,140 (not paid by Roads at this time).
10 Receives cash of $ 150 as commission for acting as rental agent renting an apartment.
27 Pays $ 720 on account for the office furniture purchased on October 3.
30 Pays the administrative assistant $ 2,640 in salary for October.

Post the transactions to T-accounts. (Post entries in the order of information presented in the question.)

Cash

choose a transaction date Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30

enter a debit amount

choose a transaction date Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30

enter a credit amount

choose a transaction date Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30

enter a debit amount

choose a transaction date Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30

enter a credit amount

choose the end date of the accounting period Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a debit balance

choose the end date of the accounting period Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a credit balance

Accounts Receivable

choose a transaction date Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a debit amount

choose a transaction date Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a credit amount

choose the end date of the accounting period Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a debit balance

choose the end date of the accounting period Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a credit balance

Equipment

choose a transaction date Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a debit amount

choose a transaction date Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a credit amount

choose the end date of the accounting period Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a debit balance

choose the end date of the accounting period Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a credit balance

Accounts Payable

choose a transaction date Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a debit amount

choose a transaction date Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a credit amount

choose the end date of the accounting period Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a debit balance

choose the end date of the accounting period Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a credit balance

Common Stock

choose a transaction date Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a debit amount

choose a transaction date Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a credit amount

choose the end date of the accounting period Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a debit balance

choose the end date of the accounting period Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a credit balance

Service Revenue

choose a transaction date Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a debit amount

choose a transaction date Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a credit amount

choose a transaction date Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a debit amount

choose a transaction date Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a credit amount

choose the end date of the accounting period Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a debit balance

choose the end date of the accounting period Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a credit balance

Salaries and Wages Expense

choose a transaction date Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a debit amount

choose a transaction date Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30Bal.

enter a credit amount

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