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This information relates to Bramble Real Estate Agency. Oct. 1 Stockholders invest $29,300 in exchange for common stock of the corporation. 2 Hires an
This information relates to Bramble Real Estate Agency. Oct. 1 Stockholders invest $29,300 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $30,240. 3 Buys office furniture for $3,630, on account. 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $10,020 (not paid by Roads at this time). 10 Receives cash of $150 as commission for acting as rental agent renting an apartment. 27 282 Pays $760 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $2,520 in salary for October. Date Account Titles and Explanation Debit Credit Oct. 1 Cash 29,300 Common Stock 29,300 2 No entry 3 Equipment 3,630 Accounts Payable 3,630 Accounts Receivable 10,020 Service Revenue 10,020 10 Cash 150 Service Revenue 150 27 Accounts Payable 760 Cash 760 30 Salaries and Wages Expense 2,520 Cash 2,520 question.) Cash Oct. 1 29300 Oct. 27 v 760 Oct. 10 v 150 Oct. 30 29450 Accounts Receivable. 2520 29450 Oct. 6 10020 Oct. 30 10020 Equipment Oct. 3 3630 Oct. 30 3630 Accounts Payable Oct. 27 v 760 Oct. 3 V 3630 Common Stock Oct. 30 10020 Oct. 30 10020 Service Revenue Oct. 30 V 10170 Oct. 6. 10020 Oct. 10 150 10170 Oct. 30 eTextbook and Media Salaries and Wages Expense 2520 Oct. 30 I 2520 BRAMBLE REAL ESTATE AGENCY Trial Balance Debit Credit
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