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The following information relates to Crane Real Estate Agency. Oct. 1 2 3 Alan Sanculi begins business as a real estate agent with a cash
The following information relates to Crane Real Estate Agency. Oct. 1 2 3 Alan Sanculi begins business as a real estate agent with a cash investment of $15,250. Hires an administrative assistant Purchases equipment for $2,000, on account. Sells a house and lot for R. Craig; bills R. Craig $3,780 for realty services performed. Pays $1,130 on the balance related to the transaction of October 3. Pays the administrative assistant $2,220 in salary for October 6 27 30 Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter of Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Ref. Debit Journalize the transactions. (If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Ref. Credit Debit e Textbook and Media The accounts in the ledger of Waterway Delivery Service contain the following balances on July 31, 2022. All accounts have normal balances. $7,615 8.885 Accounts Receivable Accounts Payable Cash Equipment Gasoline Expense Utilities Expense Notes Payable 49,790 860 Prepaid Insurance Maintenance and Repairs Expense Service Revenue Owner's Drawings Owner's Capital Salaries and Wages Expense Salaries and Wages Payable $2,000 910 10,850 770 46,300 4,010 800 575 16,780 Prepare a trial balance with the accounts arranged as illustrated in the chapter and fill in the missing amount for cash. WATERWAY DELIVERY SERVICE Trial Balance Debit Credit Debit Credit $ Totals $ $
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