This information relates to Concord Real Estate Agency. Oct. 1 Stockholders invest $31,480 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $41,640. 3 Buys office furniture for $4,050, on account. 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $12,050 (not paid by Roads at this time). 10 Receives cash of $210 as commission for acting as rental agent renting an apartment. 27 Pays $620 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $3,470 in salary for October