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+ Ch 3 Required HW Question 1 of 12 -/1 E View Policies Current Attempt in Progress This information relates to Martinez Real Estate Agency

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+ Ch 3 Required HW Question 1 of 12 -/1 E 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). Receives cash of $195 as commission for acting as rental agent renting an apartment Pays $610 on account for the office furniture purchased on October 3. Pays the administrative assistant $3,240 in salary for October 10 27 30 Prepare the debit credit analysis for each transaction. If there is no transaction, then enter No Elfect for the account and for the amount.) Oct 1 Debits Debit Type here to search O e -11 Question 1 of 12 Prepare the debit-credit analysis for each transaction. (If there is no transaction, then enter No Effect for the account and for the amount.) Oct. 1 Debits Debit Credits Credit Oct. 2 Debits Debit $ Credits $ Credit Oct. 3 Debits $ Debit e De here to search C Oct. 3 Debits > Debit $ I > Credits > Credit $ Credits $ $ Credit Oct. 10 Debits A Credits > I Credit Debit

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