debit and credit analysis for each transaction

This information relates to Monty Real Estate Agency, Oct. 1 Stockholders invest $34.00 in exchange for common stock of the corporation 2 Hires an administrative assistant at an annual salary of $32,880. 3 Buys office furniture for $4,110, on account 6 Sells a use and lot for E.C. Roads; commissions due from Roads, $10,780 (not paid by Roads at this time) 10 Receives cash of $165 as commission for acting as rental agent renting an apartment 27 Pays $690 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $2,740 in salary for October 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 Credits earch Oct 1 Stockholders invest $34,040 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $32,880. 3 Buys office furniture for $4,110, on account. 6 Sells a house and lot for E.C. Roads, commissions due from Roads, $10,780 (not 10 Receives cash of $165 as commission for acting as rental agent renting an apartr 27 Pays $690 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $2,740 in salary for October. Prepare the debit-credit analysis for each transaction. (If there is no transaction, then ente Oct. 1 Debits Debit Credits Credit Decrease Expenses Decrease Assets Increase Liabilities Increase Revenues No Effect Decrease Stockholders' Equity Increase Assets Decrease Liabilities Decrease Revenues Increase Stockholders' Equity Increase Expenses L Oct. 2 Debits Debit This information relates to Monty Real Estate Agency. Oct 1 Stockholders invest $34,040 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $32,880. 3 Buys office furniture for $4,110, on account 6 Sells a house and lot for E.C. Roads; commissions due from Roads, $10,780 (not 10 Receives cash of $165 as commission for acting as rental agent renting an apart 27 Pays $690 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $2,740 in salary for October Prepare the debit-credit analysis for each transaction (If there is no transaction, then ente Oct. 1 Debits Debit Service Revenue Credits Cash Accounts Payable Credit Salaries and Wages Expense No Effect Common Stock Debits Accounts Receivable Equipment Debit Oct. 2 Credits Credit Oct 3 Debits Debit Credits This information relates to Monty Real Estate Agency. Oct. 1 Stockholders invest $34,040 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $32,880. 3 Buys office furniture for $4,110, on account 6 Sells a house and lot for E. C. Roads, commissions due from Roads, $10,780 (not pai 10 Receives cash of $165 as commission for acting as rental agent renting an apartment 27 Pays $690 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $2,740 in salary for October Prepare the debit-credit analysis for each transaction. (If there is no transaction, then enter No Oct. 1 Debits Debit Credits Credit Oct 2 Debits Decrease Liabilities Increase Stockholders' Equity Increase Revenues Decrease Assets Decrease Expenses Decrease Stockholders' Equity Increase Expenses Decrease Revenues Increase Assets Increase Liabilities No Effect Debit Credits Credit Oct. 2 Debits This information relates to Monty Real Estate Agency. Oct 1 Stockholders invest $34,040 in exchange for common stock of the corporat 2 Hires an administrative assistant at an annual salary of $32,880. 3 Buys office furniture for $4,110, on account. 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $10,780 10 Receives cash of $165 as commission for acting as rental agent renting an ap 27 Pays $690 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $2.740 in salary for October Prepare the debit-credit analysis for each transaction. (If there is no transaction, then Oct. 1 Debits Debit Credits Credit Oct. 2 Debits Debit Equipment Accounts Receivable Cash No Effect Salaries and Wages Expense Common Stock Service Revenue Accounts Payable Credits Credit Oct. 3 Debits Debit Credits This information relates to Monty Real Estate Agency. Oct 1 Stockholders invest $34,040 in exchange for common stock of the corporatic 2 Hires an administrative assistant at an annual salary of $32,880. 3 Buys office furniture for $4,110, on account. 6 Sells a house and lot for E. C. Roads, commissions due from Roads, $10,780 (ne 10 Receives cash of $165 as commission for acting as rental agent renting an apar 27 Pays $690 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $2,740 in salary for October Prepare the debit-credit analysis for each transaction. If there is no transaction, then en Oct. 1 Debits Debit Credits Credit Oct 2 Debits Debit Credits Decrease Revenues Increase Stockholders' Equity Decrease Stockholders' Equity Decrease Liabilities Increase Assets No Effect Increase Liabilities Decrease Assets Decrease Expenses Increase Expenses Increase Revenues Credit Oct 3 Debits Debit Credits This information relates to Monty Real Estate Agency. Oct. 1 Stockholders invest $34,040 in exchange for common stock of the corporation 2 Hires an administrative assistant at an annual salary of $32,880. 3 Buys office furniture for $4,110, on account 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $10,780 (no 10 Receives cash of $165 as commission for acting as rental agent renting an apart 27 Pays $690 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $2,740 in salary for October Prepare the debit-credit analysis for each transaction. (If there is no transaction, then ent Oct. 1 Debits Debit Credits Credit Oct. 2 Debits Debit Credit Credit Cash Equipment Accounts Receivable Service Revenue Accounts Payable Common Stock No Effect Salaries and Wages Expense Oct:3 Debits Debit Credits This information relates to Monty Real Estate Agency. Oct. 1 Stockholders invest $34,040 in exchange for common stock of the corporati 2 Hires an administrative assistant at an annual salary of $32,880. 3 Buys office furniture for $4,110, on account. 6 Sells a house and lot for E. C. Roads, commissions due from Roads, $10,780 (r 10 Receives cash of $165 as commission for acting as rental agent renting an apa 27 Pays $690 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $2,740 in salary for October Prepare the debit-credit analysis for each transaction. If there is no transaction, thenes Oct. 1 Debits Debit Credits Credit Oct.2 Debits Debit Credits Credit Oct 3 Debits Decrease Stockholders' Equity Increase Expenses Increase Liabilities Increase Assets Decrease Liabilities Decrease Assets Decrease Revenues increase Stockholders' Equity No Effect Increase Revenues Decrease Expenses Debit Credits Oct.2 Debits Debit Credits Credit 64 Oct 3 Debits Debit Service Revenue Common Stock Cash Salaries and Wages Expense No Effect Accounts Payable Equipment Accounts Receivable Credits Credit Oct. 6 Debits Debit Credits Credit Oct. 10 Debits Debit Credits Credit Oct. 2 Debits Debit Credits Credit Oct. 3 Debits Increase Revenues Debit | Decrease Revenues Decrease Expenses No Effect Credits Increase Stockholders' Equity Increase Assets Credit Increase Liabilities Decrease Liabilities Decrease Assets Decrease Stockholders' Equity Debits Increase Expenses Oct. 6 Debit Credits Credit Oct. 10 Debits Debit Credits Credit Oct 27 Debits Debit Oct 2 Debits Debit Credits Credit Oct. 3 Debits Debit Salaries and Wages Expenses Credits No Effect Service Revenue Equipment Credit Common Stock Accounts Payable Accounts Receivable Debits Oct. 6 Cash Debit A Credits > Credit Oct. 10 Debits Debit Credits Credit Oct 27 Debits Oct. 2 Debits Debit Credits Credit Oct. 3 Debits Debit Credits Credit Oct. 6 Debits Decrease Revenues Decrease Stockholders Equity Decrease Assets Decrease Expenses No Effect Increase Expenses Increase Assets Decrease Liabilities Increase Stockholders' Equity Increase Revenues Increase Liabilities Debit Credits Credit Oct. 10 Debits Debit Oct. 2 Debits Debit Credits Credit Oct. 3 Debits Debit Credits Credit Oct. 6 Debits Salaries and Wages Expense Accounts Payable Equipment No Effect Common Stock Cash Service Revenue Accounts Receivable Debit Credits Credit Oct. 10 Debits Debit Credits Debit Credits Credit Oct. 3 Debits Debit Credits Credit Oct. 6 Debits | Decrease Revenues Debit Decrease Stockholders' Equity Increase Expenses Credits Increase Stockholders' Equity Decrease Assets No Effect Credit Increase Liabilities Decrease Liabilities Debits Increase Revenues Debit Decrease Expenses Oct. 10 Credits Credit Credit Oct. 3 Debits Debit Credits Credit Oct. 6 Debits Debit No Effect Credits Equipment Salaries and Wages Expense Credit Accounts Receivable Accounts Payable Cash Debits Service Revenue Common Stock Debit Oct. 10 Credits Credit Oct 27 Debits Debit Credits Credit Oct. 6 Debits Debit Credits Credit Oct. 10 Debits Debit Increase Assets Increase Revenues Decrease Stockholders' Equity Decrease Assets Increase Stockholders' Equity Increase Expenses Decrease Liabilities No Effect Decrease Revenues Decrease Expenses Increase Liabilities Credits Credit Oct 27 Debits Debit Credits Credit Oct. 6 Debits Debit Credits Oct 10 Credit Accounts Receivable Debits Common Stock Service Revenue Salaries and Wages Expense Debit Accounts Payable Equipment Credits No Effect Cash Credit Oct. 27 Debits Debit Debit $ Credits WWW Credit Oct. 6 Debits WS Debit Credits Teen Credit Oct 10 Debits Debit Credits increase Expenses Decrease Assets Decrease Stockholders' Equity Decrease Liabilities No Effect Increase Liabilities Decrease Revenues Increase Revenues Decrease Expenses thcrease Stockholders Equity Increase Assets Credit Oct 27 Debits Debit Oct. 10 Debits $ Debit Cash Credits Equipment Service Revenue Salaries and Wages Expense Credit No Effect Common Stock Accounts Receivable Debits Accounts Payable Oct. 27 Debit Credits Credit Oct 30 Debits Debit Credits Credit A Debit Credits 64W Credit Oct 27 Debits Debit Credits Credit Increase Assets Decrease Revenues Increase Stockholders Equity Decrease Assets Decrease Liabilitle Decreese Stockholders Equity mereese Repen Increase Exbense Ne Effect Decrease Expenses increase ule binties REDES Oct. 30 Debits Debit Credits Credit e Textbook and Media Debit Credits Credit Oct. 27 Debits Debit Salaries and Wages Expense Credits Common Stod Accounts Payable HEQLipment Credit Accounts Receiver Oct. 30 Debits_Serv Debit Credits Credit Credit