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The following information relates to Waterway Real Estate Agency Oct. 1 james Waterway begins business as a real estate agent with a cash Investment of

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The following information relates to Waterway Real Estate Agency Oct. 1 james Waterway begins business as a real estate agent with a cash Investment of $18,000. 2 Hires an administrative assistant. 3 Purchases office furniture for $2,280, on account. 6 Sells a house and lot for C. Rouse; bills C. Rouse $4,320 for realty services performed. 27 Pays $1,320 on the balance related to the transaction of October 3. 30 Pays the administrative assistant $3,000 in salary for October Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. It ne entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit . presented in the problem. I no entry la required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Credit Debit

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