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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. Stockholders invest $ in exchange for common stock of the corporation. Post the trancactiona to Taccountz and determine monthend balancez. Post entries in the order of information presented in the question. Accounts Receivable Accounts Payable Service Revenue Hires an administrative assistant at an annual salary of $ Buys office furniture for $ on account. Sells a house and lot for E C Roads; commissions due from Roads, $not paid by Roads at this time Receives cash of $ as commission for acting as rental agent renting an apartment. Pays $ on account for the office furniture purchased on October Pays the administrative assistant $ in salary for October.
Oct. Stockholders invest $ in exchange for common stock of the corporation. Post the trancactiona to Taccountz and determine monthend balancez. Post entries in the order of information presented in the
question.
Accounts Receivable
Accounts Payable
Service Revenue
Hires an administrative assistant at an annual salary of $
Buys office furniture for $ on account.
Sells a house and lot for E C Roads; commissions due from Roads, $not paid by Roads at this time
Receives cash of $ as commission for acting as rental agent renting an apartment.
Pays $ on account for the office furniture purchased on October
Pays the administrative assistant $ in salary for October.
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