Question
The following information relates toOrioleReal Estate Agency. Oct. 1AlanOriolebegins business as a real estate agent with a cash investment of $24,000.2Hires an administrative assistant.3Purchases office
The following information relates toOrioleReal Estate Agency.
Oct. 1AlanOriolebegins business as a real estate agent with a cash investment of $24,000.2Hires an administrative assistant.3Purchases office furniture for $3,040, on account.6Sells a house and lot for R. Craig; bills R. Craig $6,080for realty services performed.27Pays $1,760on the balance related to the transaction of October 3.30Pays the administrative assistant $4,000in salary for October.
Prepare the debit-credit analysis for each transaction.(If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
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