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Exercise 3-13 (Part Level Submission) This information relates to McCall Real Estate Agency. Oct.Stockholders invest $31,000 in exchange for common stock of the corporation. ytres
"Exercise 3-13 (Part Level Submission) This information relates to McCall Real Estate Agency. Oct.Stockholders invest $31,000 in exchange for common stock of the corporation. ytres an administrative assistant at an annual salary of $32,280. Buys office furniture for $3,800, on account 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $10,190 (not pald by Roads at this time) Receives cash of $200 as commission for acting as rental agent renting an apartment. 27 Pays $700 on account for the office furniture purchased on October 3 30 Pays the administrative assistant $2,690 in salary for October. Post the transactions to T-accounts. (Post entries in the order of information presented in the Cash 1081 10 0D Accounts Receivable Equipment Accounts Payable Common Stock
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