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Question 1 of 5 - 1 5 This information relates to Ayayai Real Estate Agency. Oct. 1 Stockholders invest $ 3 1 , 4 6
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This information relates to Ayayai Real Estate Agency.
Oct. Stockholders invest $ in exchange for common stock of the corporation.
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.
Journalize the transactions. If no entry is required, select No Entry" for the account titles and enter O for the amounts. Credit account are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem all debit entries before credit entries.
tableDate Account Titles and Explanation,Debit
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