Exercise 3-8 This information relates to McCall Real Estate Agency. Stockholders invest $33,310 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $43,680. 3 Buys office furniture for $3,960, on account. 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $10,670 (not paid by Roads at this time). 10 Receives cash of $140 as commission for acting as rental agent renting an apartment. 27 Pays $780 on account for the office furniture purchased on October 3 30 Pays the administrative assistant $3,640 in salary for October Oct.1