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Question 3 of 5 View Policies Current Attempt in Progress This information relates to Indigo Real Estate Agency. Oct. 1 2 3 6- 10 27
Question 3 of 5 View Policies Current Attempt in Progress This information relates to Indigo Real Estate Agency. Oct. 1 2 3 6- 10 27 30 Stockholders invest $31,830 in exchange for common stock of the corporation. Hires an administrative assistant at an annual salary of $38,400. Buys office furniture for $3,910, on account. Sells a house and lot for E. C. Roads; commissions due from Roads, $11,300 (not paid by Roads at this time). Receives cash of $190 as commission for acting as rental agent renting an apartment. Pays $610 on account for the office furniture purchased on October 3. Pays the administrative assistant $3,200 in salary for October. Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter O for the amcints. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) Date Oct. 1 Account Titles and Explanation Common Stock -/1 E Debit 31830 Credit
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