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The following information relates to Concord Real Estate Agency. Oct. 1James Concord begins business as a real estate agent with a cash investment of $22,200.2Hires

The following information relates to Concord Real Estate Agency.

Oct. 1James Concord begins business as a real estate agent with a cash investment of $22,200.2Hires an administrative assistant.3Purchases office furniture for $2,812, on account.6Sells a house and lot for C. Rouse; bills C. Rouse $5,328 for realty services performed.27Pays $1,628 on the balance related to the transaction of October 3.30Pays the administrative assistant $3,700 in salary for October.

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