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Oct. 1 Stockholders invest $ 3 0 , 1 0 0 in exchange for common stock of the corporation. Post the trancactiona to T -

Oct. 1 Stockholders invest $30,100 in exchange for common stock of the corporation. Post the trancactiona to T-accountz and determine month-end balancez. (Post entries in the order of information presented in the
question.)
Accounts Receivable
Accounts Payable
Service Revenue
2 Hires an administrative assistant at an annual salary of $31,200.
3 Buys office furniture for $3,710, on account.
6 Sells a house and lot for E. C. Roads; commissions due from Roads, $10,100(not paid by Roads at this time).
10 Receives cash of $230 as commission for acting as rental agent renting an apartment.
27 Pays $730 on account for the office furniture purchased on October 3.
30 Pays the administrative assistant $2,600 in salary for October.
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