1. Presented below is information related to Conan Real Estate Agency.

Oct. 1 - Arnold Conan begins business as a real estate agent with a cash investment of $18,000 in

exchange for common stock.

2 - Hires an administrative assistant.

3 - Purchases office equipment for $1,700, on account.

6 Sells a house and lot to John Homes; bills Homes $4,200 for realty services performed.

27 Pays $900 on the balance related to the transaction of October 3.

30 Pays the administrative assistant $2,800 in salary for October.

Instructions: Journalize the transactions.