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This information relates to Marigold Real Estate Agency. Oct. 1 2 3 6 10 27 30 Stockholders invest $31,710 in exchange for common stock of

This information relates to Marigold Real Estate Agency. Oct. 1 2 3 6 10 27 30 Stockholders invest $31,710 in exchange for common stock of the corporation. Hires an administrative assistant at an annual salary of $32,160. Buys office furniture for $3,910, on account. Sells a house and lot for E. C. Roads; commissions due from Roads, $10,950 (not paid by Roads at this time). Receives cash of $145 as commission for acting as rental agent renting an apartment. Pays $720 on account for the office furniture purchased on October 3. Pays the administrative assistant $2,680 in salary for October. Prepare the debit-credit analysis for each transaction. (If there is no transaction, then enter No Effect for the account and 0 for the amount.)
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This information relates to Marigold Real Estate Agency. Oct. 1 Stockholders invest $31,710 in exchange for common stock of the corporation. 2. Hires an administrative assistant at an annual salary of $32,160. 3 Buys office furniture for $3,910, on account. 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $10,950 (not paid by Roads at this time) 10 Receives cash of $145 as commission for acting as rental agent renting an apartment. 27 Pays $720 on account for the offce furniture purchased on October 3 30 Pays the administrative assistant $2,680 in salary for October. Prepare the debit-credit analysisfor each transaction. (If there is no transaction, then enter No Effect for the account and ofor the omount) Oct.1 Debits Debit 5 Credits Credit Oct.2 Debits Debil is Credits Credit 45 Oct 3 Debits Debit 5 credits Oct. 6 Debits Debit Credits Credit Oct. 10 Debits Debit Credits Credit Oct 27 Debits UCt. 1 veDts Debit $ Credits Credit $ Oct. 30 Debits Debit $ Credits Credit $

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