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

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The following information relates to Concord Real Estate Agency. Oct. 1 James Concord begins business as a real estate agent with a cash investment of $18,600. 2 Hires an administrative assistant. 3 Purchases office furniture for $2.356, on account. 6 Sells a house and lot for C. Rouse; bills C. Rouse $4,464 for realty services performed. 27 Pays $1,364 on the balance related to the transaction of October 3. 30 Pays the administrative assistant $3,100 in salary for October. amounts] Debit-Credit Analysis

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