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This information relates to Blue Real Estate Agency. Oct.1 Stockholders invest $29,200 in exchange for common stock of the corporation. 2 Hires an administrative assistant

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This information relates to Blue Real Estate Agency. Oct.1 Stockholders invest $29,200 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $30,120. 3 Buys office furniture for $3,620, on account. 6 Sells a house and lot for E. C. Roads; commissions due from Roads, \$10,010 (not paid by Roads at this time). 10 Receives cash of $140 as commission for acting as rental agent renting an apartment. 27 Pays $670 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $2,510 in salary for October. Post the transactions to T-accounts and determine month-end balances. (Post entries in the order of information presented in the

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