This information relates to Culver Real Estate Agency Oct. 1 2 3 6 Stockholders invest $30,240 in exchange for common stock of the corporation. Hires an administrative assistant at an annual salary of $39,600. Buys office furniture for $4,020, on account. Sells a house and lot for E. C. Roads; commissions due from Roads, $10,440 (not paid by Roads at this time). Receives cash of $140 as commission for acting as rental agent renting an apartment. Pays $650 on account for the office furniture purchased on October 3. Pays the administrative assistant $3,300 in salary for October. 10 27 30 Prepare the debit-credit analysis for each transaction. (If there is no transaction, then enter No Effect for the account and O for the amount.) Oct. 1 Debits Increase Stockholders' Equity Debit Cash $ 30400 Credits Increase Revenues Credit Common Stock $ 30240 Oct. 2 Debits No Effect Debit No Effect $ 0 Credits No Effect Credit No Effect $ 0 Oct. 3 Debits Increase Expenses Debit Equipment $ 4020 Credits Credit Accounts Payable $ 4020 Oct. 6 Debits Debit Accounts Receivable $ 10440 Credits Credit Service Revenue $ 10440 Oct. 10 Debits Debit Cash $ 140 Credits Credit Service Revenue $ 140 Oct. 27 Debits Debit Accounts Payable $ 650 Credits Credit Cash $ 650 Oct. 30 Debits Debit Salaries and Wages Expense $ 3300 Credits Credit Cash 3300