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This information relates to McCall Real Estate Agency. Oct. 1 2 3 6 Stockholders invest $31,020 in exchange for common stock of the corporation. Hires
This information relates to McCall Real Estate Agency. Oct. 1 2 3 6 Stockholders invest $31,020 in exchange for common stock of the corporation. Hires an administrative assistant at an annual salary of $42,960. Buys office furniture for $4,110, on account. Sells a house and lot for E. C. Roads; commissions due from Roads, $11,340 (not paid by Roads at this time). Receives cash of $215 as commission for acting as rental agent renting an apartment. Pays $730 on account for the office furniture purchased on October 3. Pays the administrative assistant $3,580 in salary for October. 10 27 30 Prepare the debit-credit analysis for each transaction
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