Problem 1. This information relates to Matthews Real Estate Agency Corporation. Oct. 1 Stockholders invested $25,000 in exchange for common stock of the corporation. Hires an administrative assistant at an annual salary of $42,000. Buys office furniture for $3,600, on account. Sells a house and lot for M.E. Mills; commissions due from Mills, $10,800 (not paid by Mills at this time). 10 Receives cash of $140 as commission for acting as rental agent renting an apartment. 27 Pays $700 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $3,500 in salary for October. Instructions Prepare the debit credit analysis for each transaction. Problem 2. Transaction data for Matthews Real Estate Agency are presented in P1. Instructions Journalize the transactions. Do not provide explanations. Problem 3. Selected transactions from the journal of Dewitt Inc. during its first month of operations are presented here. Date Account Titles Debit Credit Aug. Cash 3,000 Common Stock 3,000 10 Cash 1,700 Service Revenue 1,700 12 Office Equipment 6,200 Cash 1,200 Notes Payable 5,000 25 Accounts Receivable 3,100 Service Revenue 3,100 31 Cash 600 Accounts Receivable 600 Instructions (a) Post the transactions to T accounts. (b) Prepare a trial balance at August 31, 2018.