Oct. 1 Stockholders invest $30,700 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $33,480. 3 Buys office furniture for $4,100, on account. 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $11,270 (not paid by Roads at this time). 10 Receives cash of $215 as commission for acting as rental agent renting an apartment. 27 Pays $770 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $2,790 in salary for October Prepare the debit-credit analysis for each transaction. (If there is no transaction, then enter No Effect for the account and o for the amount.) Oct. 1 Debits ancrease Assets 30700 Debit Cash Credits Increase Stockholders' Equity Credit Common Stock Oct. 2 Debits No Effect Debit No Effect Credits No Effect Credit No Effect Oct. 3 Debits Increase Assets Debit Equipment Credits Increase Liabilities Cred Accounts Payable Oct. 6 Debits Increase Assets Debit Accounts Receivable 11270 Increase Liabilities Credits Credit Accounts Payable 11270 Oct. 10 Debits Increase Assets - Debit Cash 215 Credits increase Revenues Credit Service Revenue 215 Oct. 27 Pati Decrease Assets Debit Equipment 770 Credits Decrease Liabilities Credit Lccounts Payable 770 Oct. 30 Debits Decrease Assets Debit Cash 2790 EVE Credits Decrease Liabilities Credit: Salaries and Wages Expense v 2790