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ES Exercise 3-13 (Part Level Submission) This information relates to McCall Real Estate Agency. Stockholders invest $29,100 in exchange for common stock of the corporation.
ES Exercise 3-13 (Part Level Submission) This information relates to McCall Real Estate Agency. Stockholders invest $29,100 in exchange for common stock of the corporation. Hires an administrative assistant at an annual salary of $30,000. Oct. 1 2 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $10,000 (not paid by Roads at this time). 10 Receives cash of $130 as commission for acting as rental agent renting an apartment. 27 Pays $600 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $2,500 in salary for October. (a) Your answer is partially correct. Try again. Post the transactions to T-accounts. (Post entries in the order of information presented in the question.) Cash Oct. 1 29100 IT Oct. 27 600 Oct. 10: 130 T Oct. 30 2500
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