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The following information relates to Swifty Real Estate Agency Oct 1 Alan Swifty begins business as a real estate agent with a cash investment of
The following information relates to Swifty Real Estate Agency Oct 1 Alan Swifty begins business as a real estate agent with a cash investment of $12,300. 2 Hines an administrative assistant. 3 Purchases offee furniture for $1,550, on account. 6 Sells a house and lot for R. Craig: bills R. Craig $3,116 for realty services performed. 27 Pays $902 on the balance related to the transaction of October 3. 30 Pays the administrative assistant $2.050 in salary for October Prepare the debit credit analysis for each transaction. Of ne entry is required, select "No Entry" for the account titles and enter amounts.) for the Debit Credit Analysis Effect on Accounting Equation Debit Effect on Amounts Oct. 1 Debits Credits + Credit Oct.2 Debits :: Debit Credits Credit Oct.3 Debits Debit Credits + Credit Debit Credit Analysis Elect on Accounting Equation Oct. 1 Debits Effect on Amounts Oct. 2 Debits Credits Debit Credit Oct. 3 Dubits Credits : Debit Credit Oct. & Debits 1Credit Oct. 27 Debit Debit Credits Debit Oct 30 Debits Credits Credit
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