Current Attempt in Progress This information relates to Monty Real Estate Agency for the month of October, 2022. Oct. 1 Stockholders invested $37,000 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $36,000. 3 Buys equipment for $4,400 on account. 6 Sells a house and lot for M Springer; commissions due from Springer $10,500 (not paid by Springer at this time). 10 Receives cash of $190 as commission for acting as rental agent renting an apartment 27 Pays $880 on account for the equipment purchased on October 3. 30 Pays the administrative assistant $3,000 in salary for October. Date Account Titles and Explanation Debit Credit